Monday, 9 November 2015

Commodity Market Gold and Silver News Provider

Gold prices are trading in a narrow range between 25732—25922 levels. The counter needs to show momentum above 26000 levels to rally towards 26175 levels. Failure to sustain above 26000 levels will see prices eventually break below 25700 and move lower towards major support at 25500 levels.

Silver prices can witness a sharp bounce towards resistance at 35770 levels. Failure to sustain above this resistance will drag prices lower towards 35070/34900 levels. Traders can look to buy on reversal between 35070—34900 levels.

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