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Friday, March 2, 2012

Mar 2 2012 Gold and Silver Resistance and Support levels

Gold
Super run in the gold .... In NYSE gold had a good session. It hit the highest point of  $1727.30 Low of 1701.1 and manages to close at 1717.70. Today we can expect good up move. As per my calculations i am giving the support and resistance levels..
R1:  1729.50
R2:  1741.90
S1:  1703.30
S2:  1689.60
Silver
In NYSE silver had a good session. It hit the highest point of  $35.76 and Low of 34.38 and manages to close at 35.51 That was good sign. As per my calculations i am giving the support and resistance levels..
R1:  36.00
R2:  36.65
S1:  34.69
S2:  33.84

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