Cryptocurrency Prices by Coinlib

Bullion Report update for 24th June 2022

Latest News

  • US State Department: There are reports that Russia is considering significant military action against Ukraine
  • State Department orders diplomats' families to leave U.S. embassy in Kyiv - ABC
Commentary

  • Gold is trading with a very low volume, which resist for a immediate bull.
  • Trend for Gold will remain positive only. 
  • As per COMEX Gold 1828.5 $ is a good support from where it drag upper side 1845$, As it cross 1849$+ & sustain will move above 1861$
  • Due to a very low volume we are also give you a very small ranges.

    IMP Announcement of the week
  • FOMC Meeting & Fed Fund rates on Wednesday Night.
  • US Advance GDP
Fundamentals for the day

8.15 PM Flash Manufacturing PMI & Service PMI

Gold

Range: 47940 - 48700

Our Preference: Buy Gold 48150+ for target 48500 & 48680 with SL only below 48000 if sustain the only

Trading Zone

48150 Buy @ 1st stroke
47945 Buy for the day

48405 Sell @ 1st stroke

maintain SL of 70 point for jobbing purpose as per above Levels

Silver

Range: 63700  - 65700

Our Preference: Buy Silver 63800+ for target 65200 with SL only below 63400.

Alternative Scenario: Sell below 63400 for target 62780 with SL of 250 point only.


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Bullion Report