Gold increased by 0.18% and closed at 48983 levels. Silver prices also increased by 0.93% and closed at 66036 levels. The hope on stimulus package in US economic by the US Govt. Weakness in Dollar also supportive the Gold and silver.
As of today Traders can go for buy in Gold at 48900 levels with the stop loss of 48600 levels for the target of 49500 levels. They can also for buy in Silver at 66000 levels with the stop loss of 65400 levels for the target of 67500 levels. We are expecting that gold may test $1880 levels and Silver may test $27 levels again soon.
Above views are of the author and not of the website kindly read disclaimer