Friday, 11 March 2016

Commodity Gold and Silver News by MarketMagnify

Daily Updates on Commodity Market Only at

Gold. It suggests that prices are showing positive divergence on RSI. Hence, prices are expected to erase last 2 day's losses. On the downside, immediate support is located at 29200 levels.

Silver. It suggests that prices are taking support near 61.8 percent Fibonacci retracement levels. Momentum indicator RSI is expected to recover back on the upside. It has potential to retest 37370 levels. On the downside, immediate support is located at 36510 levels.

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