FED has decided it will continue quantitative easing . This means that at least Gold and Silver not hold any negative news for downside . Moreover the demand for Gold in China has increased considerably which the Chinese government will soon buy. Also festive seasons on the way in India ( wedding season ) .
So Gold and Silver all set to make a rally in the coming sessions.
Gold may kiss 29350 , and Silver may kiss 45200 atleast after some consolidation.
Would recommend to wait for some correction today around 28950 in gold
Gold - Cmp 29075 ; Silver - 44680
Note: This is just a view and does not guarantee the accuracy of calls.
So Gold and Silver all set to make a rally in the coming sessions.
Gold may kiss 29350 , and Silver may kiss 45200 atleast after some consolidation.
Would recommend to wait for some correction today around 28950 in gold
Gold - Cmp 29075 ; Silver - 44680
Note: This is just a view and does not guarantee the accuracy of calls.
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