Gold prices traded positive yesterday, however took resistance at the 14625 levels. The prices closed above the 7 and 21 DMA. The RSI is also seen inching up from the range. Thus Prices can remain positive for the day, but fresh buying can only be done on breaching the resistance line on upside.

Silver Prices traded positive yesterday but continue to take resistance at the upper line of the channel and the 7 DMA. The ADX however continues to advance in the upwards direction, with –DI on the upside. Thus the prices are expect to remain below 21550 levels, but breaching 21600 can trigger a upside till the next resistance at 22000.