Gold prices are expected to have resistance at $1288 i.e. Rs.27950 and selling can be seen there. Prices on lower side can slide to $1270 i.e. Rs.27700. Prices should not move above Rs.28100 to maintain negative outlook for the day.
Silver December prices are expected to have resistance at Rs.43200 and on lower side prices have support at Rs.42500 and prices are expected to trade sideways to lower for the day. Further weakness can only be witnessed if prices close below Rs.42500.
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www.marketmagnify.com
Ph: 0731-6619100
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