Cryptocurrency Prices by Coinlib

Bullion Report 30 Dec 2021

Gold

Yesterday Gold low 47577 where we mention Buy again @ 47537, COMEX Low 1789.1 where we mention buy @ 1784.9.
Today same range will be applicable in gold.

Fundamentals for the day

7.00 pm Unemployment Claims
8.15 pm Chicago PMI

Range: 47537 - 48100

Our Preference: Buy Gold 47537+ for target 47950 & 48100 with SL only below 47400(only if sustain)

Alternative Scenario: Sell Gold 48100 with SL 48250 for target 47750

Trading Zone

47577 Buy SL 50 point
47800 Sell SL 35 point
47950 Sell SL 70 point

Gold remain in the range of 1785$ to 1817$

Silver

Range: 61000 - 62500

Our Preference: Buy Silver 61000+ for target 62300 SL 60700

Silver is trading in a range bound on a monthly basis. On Downside 21.41$ is the double bottom on upper side 23.50$
MCX Silver trade as per the same.

Category :

Bullion Report