''Gold prices are expected to have resistance at USD 1,295 i.e. Rs 28,250 and selling can be seen there. On lower side prices can see fresh selling pressure below Rs 28,100 and can test Rs 27,950 where prices can take trend line support and bounce back. Prices should not move above Rs 28,430 to maintain negative outlook for the day,'' said Emkay Commotrade.

''Silver prices are expected to have intraday resistance at Rs 42,500 and prices are expected to remain weak till trades below 42,800. On lower side prices are expected to have channel line support at 41,900 and there should some recovery back to 42,400,'' it added.

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