Wednesday 24 September 2014

Gold and Silver Market Trend

Gold prices are expected to have intraday resistance at $1230 i.e. Rs.26800-26830 and selling can be seen there. Prices on lower side can test $1215 i.e. Rs.26500. Prices should not move above $1235 i.e. Rs.26950 to maintain negative outlook for the day.

Silver December prices are expected to intraday resistance at Rs.39750-Rs.39850 and selling can be seen there. Prices are expected to remain weak till it trades below Rs.40100. On lower side prices can test Rs.39100 and Rs. 38900.

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