Expert Analysis for Gold and Silver Futures Trading

goldGold: The counter looks positive with rising RSI and picking +DI. The prices are maintaining above the trend line and 7 DMA. For the prices are expected to remain positive above the 15050 levels. Thus one can buy on every dip above 15050, targeting 15250 and 15350 in short run.

Silver: The counter looks very strong with a perfect bullish combination of RSI, MACD and ADX. The prices have rallied above the previous intermediate peak at 24375. Thus the next resistance can come in at 24800. Thus one can buy Silver at every dip above 23900, targeting 24800-25000 in short run. Breaching 23900 prices may take support at 23300, and trend remains up even above 23300.