By Paul Ploumis 08 Sep 2015 Last updated at 08:05:47 GMT
Daily Commodity Technical
Gold –Daily Chart
Gold: We reiterate out negative view on Gold until prices stay below 26700 levels Intraday rallies towards 26640-26680 areas will face selling pressure. Sustenance below 26350 will see prices weaken towards 26200/26150 levels A decisive breakout above 26700 will take prices higher towards 26840/27050 levels
Silver –Daily Chart
Silver: Failure to break below 35300 will see Dec. Silver prices rebound further towards its resistance areas between 35740-35860 levels. Selling can be seen as prices approach higher level
Courtesy : Emkay Commotrade
Emkay Commotrade Ltd.
7th Floor, The Ruby, Senapati Bapat Marg, Dadar - West, Mumbai - 400028.
India Tel: +91 22 66121212 Fax: +91 22 66121299s The major trend remains down and the same will resume once prices break below 34800 levels decisively.