Gold and Silver Trend Today 22 June 2012

GOLD(XAU/USD) Daily pivot point levels:- 

S2	S1	PIVOT	R1	R2
1572	1587	1605	1622	1636

GOLD (XAU/USD) CFD spot Technical analysis and Strategy to Trade :-

GOLD spot as we given tumbled to given targets of 1565.for today traders should book short and if want to take risky trade then go long around 1560 and keep stoploss of 1545 and wait for bounce back upto 1575-1585. Today in Gold momentum is very bearish  and for medium term our outlook is negative with downside targets of 1500 and below!!

SILVER (XAG/USD) Dailypivot point levels:- 

S2	S1	PIVOT	R1	R2
27.25	27.65	28.1	28.5	28.98

SILVER (XAG/USD) Technical analysis and Intraday trading strategy:-

Silver spot below 28.65 triggered sharp selling and now heading towards our given targets of 26-25.for intraday oversold and expect bounce back upto 27.25 to 27.4 but very risky and stoploss is dip at 26.5.for medium term support seen at 23.65 and possibly silver may achieve that target.

FOR PRE-MARKET Commodity Tips Tomorrow Monday 25 June 2012 and Stock Market Trading Tips for this week that is on 25 - 29 June 2012 in the morning at 8:35 A.M. मुफ्त इन्त्रदय ट्रेडिंग टिप्स सोमवार के  लिए आपके मोबाइल पर बस भर दीजिये फ्री टिप्स फॉर्म जो यहाँ ब्लॉग पर उलटे हाथ पर दिख रहा  है  !!!!!!!!!!!  या फिर क्लिक करे ये लिंक-------->>>>

  TIPS ON MOBILE FOR MONDAY