Thursday, 3 December 2015

Today's Gold and Silver Commodity Market Updates

Gold:
Momentum above 25400 will see Feb. Gold prices rebound towards 25500/25550 levels. Fresh selling can be seen as prices approach higher levels. The broader technical setup for the counter remains negative. A break below 25200 will see prices slide towards 25080/24940 levels. A daily close above 25550 will trigger a rally towards 25850/25900 zones.


Silver:
Silver will trade with a negative bias till prices trade below 34580 levels. A daily close above this level will help the counter rebound towards 34900 levels. A break below immediate support at 34100 will see prices slip towards 33760/33500 levels.

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