Market Update

Market shall remain in Ranges,
12:30 GMT we have Trade Balance coming up.
Market shall be awaiting for it, to Make a new Move.

Technically Gold is at a strong level, gaining support to push up higher meeting 660 level soon.
Silver made a Superb Move, 2-3 Weeks back we gave Technical Indication of Silver, and we mentioned crossing 12.3 level, We shall see Silver going up, As 12.3 was a Good resistance level. As we did see for last few Days, there was a tight range working out in between 12.0 - 12.3 levels.

However, If you have long your position as we adviced yesterday, Its better to keep it long, with Stop order.

Eur/usd has started to pick up a little coming up from 1.2858 level, right now trading at 1.2880 (2:15 GMT)

We see Mini Support for Gold at 648 level and 645 level, if its crossed that it will meet its friends Again at 640.
Crossing 653 again will make it rally upwards 660, Crossing 655 layer of resistance.

We shall Advice further.
Thankz