Commodities

Gold and Silver

<p>Last time I used the trendline of the last 2 lows to look for support which gave us only a two-day bounce. Now moving on to the parallel channel of the highs, drawn to the August bottom, which comes in at 45,000 as the next support.&nbsp;</p>
<p><img src="https://api-media.indiacharts.com/public/images/article-images/gold62105.png" alt="Last time I used the trendline of the last 2 lows to look for support which gave us only a two-day bounce. Now moving on to the parallel channel of the highs, drawn to the August bottom, which comes in at 45,000 as the next support.&nbsp;" /></p>

Gold MCX