Gold
(June)
– Trend for Gold June is consolidate. Resistance levels are R2 –
29300, R1 – 29100, Sup1 – 28600, Sup2 – 28400. Strategy for
gold june is to sell on higher levels.
Silver
(July)
- Trend for Silver July is Consolidate and Resistance levels are R2 –
56000, R1 – 55200, Sup1 – 53000, Sup2 – 52200. Stragey for
Silver July is to sell on higher levels.
Gold
prices rised third day in a row to Rs 29,650/10gms due to firm local
demans in bullion market on the other hand Silver lacked support for
buying and shed 54,750/kg. Experts believes that sustained buying by
investors results in the rise in gold prices. Gold of 99.9 and 99.5
percent purity strengthened to 29,650 and 29,510/10gms. Gold has
gained Rs. 265 in last two sessions.
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