Thursday, 28 August 2014

News About Gold & Silver

Gold prices are expected to have resistance at $1289 i.e. Rs.27900 and selling pressure can be seen there. On lower side prices can test $1277 i.e. Rs.27700 and $1273 i.e. Rs.27620. Prices should not move above $1296 i.e. Rs.28050 to maintain negative outlook for the day.

Silver moved higher yesterday but could not hold the gains. Today prices are expected to have crucial resistance at Rs.42500 and fresh upside can be seen only above this else prices can trade sideways to down towards Rs.41700 and Rs.41500. Prices if hold Rs.41500 then again pullback can be seen.

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