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Monday, February 13, 2012

Feb 13 2012 esttimation

Gold
What a day... friday was.... good up and downs in the gold .... In NYSE gold had a good trading session. It hit the highest point of  $1725.5, Low of 1703.4 which was near to S2 given friday, which the opening price also and manages to close at 1722.10. Today we can expect lot of up and downs. As per my calculations i am giving the support and resistance levels..
R1:  1730.60
R2:  1739.10
S1:  1708.20
S2:  1694.00
Silver
In NYSE silver had a good trading session too. It hit the highest point of  $33.95 and Low of 33.09 near to S2 given friday and manages to close at 33.59. 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:  33.99
R2:  34.40
S1:  33.14
S2:  32.68

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