in india our gold market advisor will give you correct advice for your valuable money. if see gold market in world precious metal prices were stable, stuck in a limited $5 range down $1,771 per ounces, as a significant cash shot action by the Western Middle Financial institution predicted later this week reinforced feeling.
GOLD (April-2012)
After all trend is back and forth. But any decrease to purchasing chance. The other day it was obtained almost 810 pints from the down of 28125, so little bit relief. Opportunities of further up move likely in future. Carry long position
COMEX:
Disadvantage powerful assistance US$ 1702-1711, once business and near below holds will try a big offer off and downside targeted US$ 1651-1639 whereas the powerful assistance and distinct switch predicted. Higher-level level of resistance US$ 1801
Today resistance 28510-28605
SILVER (May- 2012)
Looks good and decrease to purchasing chance. As already shut of 60010 level in May sequence and consistently continual above 60010, holds will rectangle short and bulls may be likely lengthy. We may consider assistance 59020-58550 provided that holds fluff move carries on.
Today
High Sell Off on Past day today our expert assumes resistance 61520-62010 and today down side support 58010-58550
COMEX:
Pattern is favorable and consider level of resistance 35.60 - once cross-over with amount more benefit.
