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Precious Metals Technical Report 20 August,2015 - Emkay Commotrade

iconAug 21, 2015 09:50
Source:SMM
Gold prices are have opened on a positive note and the counter is trading around fresh swing highs at 26475 levels.

By  Paul Ploumis 20 Aug 2015  Last updated at  08:40:29 GMT

Daily Commodity Technical

Gold –Daily Chart

Gold: Gold prices are have opened on a positive note and the counter is trading around fresh swing highs at 26475 levels. Sharp intraday corrective moves towards 26300126250 levels cannot be ruled out in the counter. The broader view though will remain positive until prices hold on above 26000 levels. The momentum can take prices higher towards 26525/26650 levels over the coming sessions.

Silver –Daily Chart

Courtesy : Emkay Commotrade

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