Friday, 27 November 2015

Commodity Market updates on Gold and Silver

Gold. It suggests that prices are likely to give breakout on the upside. A break above 25320 will set upside target of 25490 levels. On flipside, immediate support is located at 25220 levels. Hence, intraday bias is on the upside.


Silver. It suggests that prices are likely to sustain above 34000 levels. Momentum indicator RSI is suppoting price action. On upside, potential targets are 34460-34630 levels. On downside, immediate support is located at 33600 levels.

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