Thursday, 10 March 2016

Commodity Gold and Silver News by MarketMagnify

Gold:
Gold prices couldn’t sustain at its swing highs at 30161 levels yesterday. Weakness below 29540 will see prices correct towards 29400 areas. Intraday pullback rallies will face resistance at 29930/30095 zones. A daily close below 29400 will trigger a correction towards 29080 levels.

Silver:
Silver can bounce higher until prices hold on above 37050 levels. Prices can test 37500 levels in that case. Areas between 36950— 36770 are strong support zones for the counter on the downside. Daily close above 37500 will see prices bounce towards 37950/38100 zones again.

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