Gold prices opened up higher and inched up to 14640, but failed to maintain upwards and closed lower at 14534. The ADX shows no direction on the trend. However, the prices have closed above the 9 DMA and above the support of 14500. The RSI also have cross-over the MA and moved up. Thus, the prices are expected to remain positive above 14500 levels.

Silver Prices are moving in a down-trend taking support at 22400 levels. The ADX is moving flat with no strength in the direction. Prices are expected to trade range bound within 22400-22800 for the day. Breaching 22400 can push prices lower to 22150 and further lower to 21650 levels.