Bullion Update, Precious Metals Trading and Market Outlook: Nirmal Bang

GoldGold Prices have taken support at the 14625 levels and moved up yesterday, closing up at 14710. The RSI also have turned up from the support line, thus the negative sentiments in gold seem to have turned positive. Therefore one can remain long in Gold above 14625 Levels targeting 14850 levels.

Silver Prices have turned around from the downfall rising above 22000 and closed higher at 22153. The RSI also have picked up above the MA. Therefore prices are expected to remain positive above 22000 targeting 22400 on the upside and next 22650.