Thursday, 25 September 2014

Indian Commodity Gold and Silver Prices

Gold prices are expected to have intraday resistance at $1220 i.e. Rs.26530-26570 and selling can be seen there. Prices on lower side can test $1195 i.e. Rs.26300 26330. Prices should not move above $1226 i.e. Rs.26750 to maintain negative outlook for the day.

Silver December prices are expected to intraday resistance at Rs.39500-Rs.39550 and selling can be seen there. Prices are expected to remain weak till it trades below Rs.40000. On lower side prices can test Rs.38800 and Rs. 38500. Day close below Rs.38500 will prices sharply lower towards Rs.37000.

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