Friday, 1 January 2016

Gold and Silver Commodity Market Updates

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Gold. It suggests that prices are trading in sideways to downtrend. It is expected to fall below trend channel support line and correct down till 24850 levels. On upside, immediate resistance is located at 25060 levels.

Silver. It suggests that prices are making lower highs and lows. On upside, immediate support is located at 33800 levels. On downside, immediate support is located at 33030 levels. It is expected to remain under pressure.


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