Tuesday, 1 December 2015

Today's Gold and Silver Commodity Market Updates

Sustenance below 24950 will lead to further weakness in Gold prices. The counter will slip towards 24800/24650 levels in that case. Intraday pullback rallies towards 25125/25150 can be seen in the counter. The outlook though will remain negative until prices stay below resistance at 25300 levels.

Silver prices will remain range bound until counter holds on to support around 33150. Dips will find support between 33250--33150 zones. A decisive breakdown below 33100 will lead to a breakdown towards 32550/32050 levels. Resistance is seen at 33950--34200 zones.

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