Chokshi Ambalal Kantilal

Chokshi Ambalal Kantilal updated their address.

Chokshi Ambalal Kantilal

Analysts See Further Gold Gains Amid Trump Turmoil

kitco.com Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

AUG GOLD (124770)
Resist: 125770*, 126480+

Supprt: 1239, 122050*, 1211-1210 U.S. June 7, 2016 ST

Trend: Sdwys/Down Obj: None TRP: 1257.70

Comment: Friday’s sharp rally alerts for a possible short term bottoming turn. Look for recovery rallies to press into a test of 125770* resistance. A close over 125770* secures a bottoming turn and could send a climb into the 1265-1275 zone. Any corrective dips should stay over 122050* to continue bottoming forces from Friday’s upturn.

JUL SILVER (1649)

Resist: 1654, 16675, 16705*

Supprt: 1622, 1617, 1610* ST

Trend: Sdwys/Down Obj: None TRP: 1670.5

Comment: Friday’s rebound marks a near term upturn that should foster additional retracement action early this week, trying to lift trade into a test of 16705* resistance. A close over 16705* confirms a short term bottom and larger retracement to 1713. Tight congestion in the upper edges of Friday’s range will bull flag. A close under 1610* is needed to rekindle bear trend forces.

Gold &silver updates
JUN GOLD
Resist: 1239, 1242, 125560*

Supprt: 121720, 1208, 1196-1190 ST Trend: Sdwys/Down Obj: 122540 TRP: 1255.60

Comment: The selloffs into the end of last week alert for a bear turnover that will lead into a larger selling wave. Trade is poised for selloffs early this week and close under 122540 or drop under 121720 alerts for a selling wave into the 1190’s. Only a close over 125560* rekindles bull trend forces.

MAY SILVER (16985)

Resist: 1709, 17355*, 1772

Supprt: 16735*, 1645* ST Trend: Sdwys/Up Obj: None TRP: 16.45

Comment: Last Thursday’s spike high alerts for a top. Be ready for corrections with a close under 16735* driving retracements to test 1645* support for a larger downturn / top. Residual bull forces may again attempt to hold trade over 1700+, but a close over 17355* is needed to rekindle bull trending moves to attack last Thursday’s high.

Last updated at 25/04 13:35

http://www.finmin.nic.in/swarnabharat/index.html

Gold & Silver Rates :-
27450 for 10 gms Gold
38300 for 1 kgs silver

http://www.goldpreciousmetals.com/goldvalue.asp

Today's Gold & Silver Rate

Gold rate for 10 gms is 29150
Silver rate for 1 kgs is 42800

http://www.usagold.com/dailyquotes.html

Gold and Silver market comes down

gold rate is 29650/- for 10 gms
silver rate is 43600/- for 1 kg

Chokshi Ambalal Kantilal's cover photo

Todays Gold & Silver Rates

27650/-
45200/-

Today's gold & silver rate
27850/- 10 gms gold
45300/- 1 kg