Bullion Market Report As On 8 Dec 2014

February gold was lower overnight. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. First resistance is at 1205. Second resistance is at 1225. First support is at 1180. Second support is at 1170.
March silver was slightly lower overnight. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. First resistance is at 16.55. Second resistance is at 16.65. First support is at 16.10. Second support is at 16.00.
Source:RSBL

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