Market Overview COMEX Gold
COMEX Gold is in an upward phase. Last week COMEX Gold neither sustain on higher level nor at lower level. In the coming week 1445$ will act as a major support in COMEX Gold, if COMEX Gold sustains above 1520 $ an ounce then above 1528 $ an ounce it can touch the level of 1542$ an ounce and if COMEX Gold sustains below 1460$ then it can slightly correct and test the level of 1440$ an ounce.
Strategy
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1520 $ an ounce, then above 1528$ it can test the level of 1542 $ an ounce and above 1550$ it can further move upward. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1450$ and 1410$.
Major resistance for COMEX Gold in the coming week is 1580$ and 1625$
Major support in MCX Gold is 21600 and 21200
Major resistance in MCX Gold is 22450 and 23050
COMEX Gold is in an upward phase. Last week COMEX Gold neither sustain on higher level nor at lower level. In the coming week 1445$ will act as a major support in COMEX Gold, if COMEX Gold sustains above 1520 $ an ounce then above 1528 $ an ounce it can touch the level of 1542$ an ounce and if COMEX Gold sustains below 1460$ then it can slightly correct and test the level of 1440$ an ounce.
Strategy
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1520 $ an ounce, then above 1528$ it can test the level of 1542 $ an ounce and above 1550$ it can further move upward. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1450$ and 1410$.
Major resistance for COMEX Gold in the coming week is 1580$ and 1625$
Major support in MCX Gold is 21600 and 21200
Major resistance in MCX Gold is 22450 and 23050
Market Overview COMEX Silver
COMEX Silver is technically weak on charts. Last week COMEX Silver c neither sustain on higher level nor at lower level. For the upcoming week 3200$ and 3000$ are the crucial supports and 4000$ and 4250 $ are crucial resistance in COMEX Silver. In MCX Silver 61000 and 64000 will act as major resistance and 49000 and 46000 will act as major supports.
Strategy More Know about Silver Again 80000
Technically COMEX Silver is weak on charts, For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3200$ an ounce, then above 3700$ an ounce it can further go upward and can test the level of 3850$ an ounce. Trade by keeping the proper stop losses.
COMEX Silver is technically weak on charts. Last week COMEX Silver c neither sustain on higher level nor at lower level. For the upcoming week 3200$ and 3000$ are the crucial supports and 4000$ and 4250 $ are crucial resistance in COMEX Silver. In MCX Silver 61000 and 64000 will act as major resistance and 49000 and 46000 will act as major supports.
Strategy More Know about Silver Again 80000
Technically COMEX Silver is weak on charts, For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3200$ an ounce, then above 3700$ an ounce it can further go upward and can test the level of 3850$ an ounce. Trade by keeping the proper stop losses.
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