Tuesday, 3 November 2015

Commodity Gold and Silver Daily News Provider

Intraday view for Gold will remain negative until prices stay below 26650 levels. Weakness below 26450 will push prices lower towards 26375/26320 levels, wherein the next support is seen for Gold. The counter needs to show momentum above 26650 to rally towards resistance at 26740—26800 zones.

We expect silver price to weaken further and test support between 36000-35800 zones. A sharp intraday bounce can be seen once prices enter these support zones. Pullback rallies will face resistance between 36600—36850 zones. The outlook for the counter will remain negative until prices stay below 37000 levels.

Commodity Tips, Stock Tips
Ph: 0731-6619100

No comments:

Post a Comment