Monday, 16 February 2015

GOLD OUTLOOK 16 - 20 FEB 2015


Gold and silver may remain range bound for some more weeks / months.....

Gold above 26900 will head for TGT between 27300-27700-28000.....Stay long above 26900....GOLD MAY BE VERY BEARISH BELOW 26300 AND CAN GO TILL 25500 LEVELS.....WE MAY SEE DOWN TREND CONTINUE FROM 26850-26870 LEVELS FOR FINAL TGT 25500..
 

Silver above 38700 is bullish and may go  for TGT between 39200-39300 or more..... 
SILVER MAY reverse down from 38500-38700 and CAN BE VERY BEARISH BELOW 36700 AND MAY GO TILL 34000-33900....we may see reversal to up trend from these levels....