Bullion's Outlook 4th Oct 2011

Gold CMP is 1674$ :: resistance is seen at 1680 and if fails to cross the same will move to test the level of 1666 - 1660 - 1654 level on lower side.

Silver CMP is 31.14$ :: Resistance is seen at 31.50$ and till the time its trading below the same resistance level its expected to test 30.80 to 30.55$ on lower side.

we maintain bearish view on both crossover above resistance level will only hamper the bearish outlook for short term.