Banknifty was not able to make new highs than earlier day's high since Sept 20. Today it broke the sloping trendline & closed above 39200, which was a big resistance. Now we can hope for a very rally in coming days in Banknifty
Silver is in Bullish mode & Gold is not so bullish. Seeing the Gold/Silver Ratio Chart, trade at 65.50.. It will soon go the 62.00. Means Buy Silver & Sell Gold in equivalent amounts... Hugh gains possible
Gold has broken the down hourly trendline at $1920. If it sustains above $1920, next target could be $1930, which is a good resistance, but after that it can go upto $1970