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We are recommending short sell right from 39500 to all clients. Now on downside 37800-37600 is crucial support range. On higher side 38300-38400 is medium term resistance area. Gold spot $1485 is now crucial level. Suppose if Gold break and close below this level then more downside will be seen. And if fail to do so and again close above $1508 then upside will be resumed.Click here to see Gold Commodities India's all calls.
Yes..Yesterday we recommended all clients to sell at 51000 and booked at 49475. Now on downside 48000 level is crucial area for short term. In Spot $18 is next support for medium term. Initially some dips can be seen. Today is week end. On higher side from 50000 selling pressure can be seen again. On downside $18 is medium term buying zone.Click here to see Gold Commodities India's all calls.
Yes, yesterday we sold at 39450 and booked at 39000. Now for today on higher side will face resistance at 39000-39100 ranges. Some consolidation can be seen for coming sessions. On downside 38500 and 38200 is support area. On higher side 39250 is crucial level for next breakout. So initially some dips can be seen in early session towards support.Click here to see Gold Commodities India's all calls.
Silver is in parabolic rise mode where new recent high is made every hour. Now on higher side next target and resistance zone is 51200-51500. On downside support for today is 50500. Only sustain and close below 50500 then correction. So keep buy positions open till support holds.Click here to see Gold Commodities India's all calls.