Gold Prices continue to fall after stepping down the 14800 levels. The Prices are however taking support at the 14625 levels, the earlier resistance level. The RSI is also taking support at the support line. Thus on breaching this level of 14625 the counter is expected to further fall to 14400 in near term.

Silver Prices continued the downfall yesterday breaching both the support at 22000 and 21800 and closed lower below the 21 DMA at 21879. Therefore the near term trend looks weak. The RSI also is seen crossing the MA on downside, which is negative for the counter. Thus the prices are expected to test the 21500-400 levels today.