Friday, 12 September 2014

News About Gold and Silver Prices

Gold prices gave fresh breakdown below $1240 and now can extend its fall towards $1215-$1220 in coming days. Prices are expected to have intraday resistance at $1242 i.e. Rs.27030-Rs27060 and selling can be seen there. Prices on lower side can extend the fall towards $1226 i.e. Rs.26850. Prices should not move above $1251 i.e. Rs.27150 to maintain negative outlook for the day.

Silver December prices are expected to have intraday resistance at Rs.41200-41300 and prices can drift lower towards Rs.40600 and Rs.40400. Prices should not move above Rs.41700 to maintain negative outlook for the day.

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