<ul data-eligibleForWebStory="false"><li>Gold futures (Aug) showed a recovery last week and closed above the resistance at ₹97,800, indicating a bullish trend with potential for further increase.</li><li>The nearest resistance for gold futures is at ₹1,00,000-1,00,600, with a possibility of reaching ₹1,03,000 if it surpasses ₹1,00,600. Support levels are at ₹96,000, ₹95,000, and ₹92,500 in case of a decline.</li><li>Silver futures (Sep) experienced a notable rally breaking the resistance at ₹1,10,000 and forming higher highs, signaling more upside potential. Immediate resistance levels are at ₹1,15,000 and ₹1,20,000.</li><li>For silver futures, support levels are at ₹1,11,000, ₹1,10,000, and ₹1,08,150. Trading strategies recommend going long on gold futures at ₹97,800 and buying silver futures at ₹1,13,000 with specific target and stop-loss points.</li></ul>

Bullion Cues: Gold and silver futures can gain

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