Gold: The Gold prices moved negative for the day but closed near the open. The prices are also seen taking support near the trend line, 21 DMA and Middle line on the Bollinger Band. The RSI have breached the MA and is moving downside. Thus the bias remains on downside for the counter, breaching 15650 can trigger further downside in the counter.

Silver: The counter looks weak as prices traded below the 7 DMA of 27237 in the previous session. The RSI have breached the MA and is moving below it. The bias remains in the downside for the counter, thus prices are expected to test 26200-250 levels as long as prices remain below 27250-300 levels.