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Thursday, February 9, 2012

Feb 09 2012 estimation

Gold
What a day... yesterday was....lot of up and downs in the gold .... In NYSE gold had a good trading session. It hit the highest point of  $1749.7, Low of 1722.8 which was S1 given yesterday and manages to close at 1732.00. Today we can expect lot of up and downs. As per my calculations i am giving the support and resistance levels..
R1:  1746.50
R2:  1762.10
S1:  1720.20
S2:  1708.00
Silver
In NYSE silver had a good trading session too. It hit the highest point of  $34.50, Low of 33.58 near to S1 given yesterday and manages to close at 33.94. That was some what good sign. Today we can expect lot of up and downs. As per my calculations i am giving the support and resistance levels..
R1:  34.43
R2:  35.00
S1:  33.50
S2:  33.10

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