Good trading sessions in the gold for the January month .... In NYSE gold had a good monthly gaining 8.05% in January month. It hit the highest point of $1308.00 Low of 1168.30 and manages to close at 1279.20. As per my calculations i am giving the support and resistance levels..
R1: 1335.35
R2: 1391.50
R3: 1475.10
S1: 1195.65
R3: 1475.10
S1: 1195.65
S2: 1112.10
S3: 1056.00
S3: 1056.00
From Chart, it seems for Gold there is a minor down trend started. See the trading levels in the below chart. Be cautious while taking long positions and maintain strict stop loss.
Good trading sessions in the silver for the January month .... In NYSE gold had a good monthly gaining 10.56% in January month.
It hit
the highest point of $18.505 Low
of 15.510 and
manages to close at 17.208. As per my
calculations i am giving the
support and resistance levels..
R2: 20.069
R3: 21.634
R3: 21.634
S1: 15.644
S2: 14.079
S3: 12.649
From Chart, it seems for Silver there is a minor down trend started. See the trading levels in the below chart. Be cautious while taking long positions and maintain strict stop loss. The two sudden down-lines indicates how volatile it is. Be awake and cautious while trading.
S3: 12.649
From Chart, it seems for Silver there is a minor down trend started. See the trading levels in the below chart. Be cautious while taking long positions and maintain strict stop loss. The two sudden down-lines indicates how volatile it is. Be awake and cautious while trading.
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