Gold Strategy for this week
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1780 $ an ounce, then above1805 $ it can test the level of 1820$/1835$/1855$ $ an ounce. And in MCX Gold above 29080 it can test the level of 29280/29480/29680. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1700$ and 1600$.
Major resistance for COMEX Gold in the coming week is 1840$ and 1900$
Major support in MCX Gold is 28000and 27100
Silver Strategy for this week
Technically COMEX Silver is consolidating on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3530$ an ounce, then above 3560$ COMEX Silver can test the level of 3660/3720$ an ounce. And in MCX Silver sustains above 58300 then it can test the level of 59200/60500, Trade by keeping the proper stop losses.
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