Cryptocurrency Prices by Coinlib

Daily Bullion Report Update 1st March 2022

Latest Updates

  • 70 Fighter Jets donated by European Union land in Ukraine.
  • Australia has committed $50 million to fund lethal defensive weapons for Ukraine, including missiles and ammunition, Prime Minister Scott Morrison said
  • As all EU & others are supporting Ukraine by weapons & financial Ukraine will fight back strongly.
Effect:
  • Which will take a little longer to win this battle for Russia then expected. 
  • During this time Gold & Crude specifically will move with high volatility on upside move only.
  • That the reason we continuously specify to remain Buy side on both Gold & Silver with specify levels.
  • The most important part - Which we are also fear about that is a USE of Nuclear Bomb
  • As of now Russia shows that they will have all option on Table to use... this indicates If such things happen Gold will Fire by 170$ upper side alone that is also by sustaining those price.
  • We expect this would happen by or before 31st march itself. In the time of war 31 days are looks like a year.
  • So be more cautious about your position If you don't know anything about Fundamentals or any technical point of the market & its real impact.

As silver, Gold, & Crude again move in open buy position at any rate with given target.

Economic Data Today

Manufacturing PMI(Feb)                8:15 PM
ISM Manufacturing PMI (Feb)         8:30 PM

Gold

Our Preference: Buy Gold 51200+ for target 51970 & 52500 with SL only below 50970

Trading Zone

Sell Gold 51450 SL 90 point target 200 point
(High 52798 Low 50040 its 50% price of this range)

If gold break its range will update you only on Whats app of latest updates of market with its reason to make your position. So better ask a question before making your position If you don't know anything rather than losing money.
Whose who wants to be in connected in WAR ZONE Update with technical -
Type Whats app :'TLC LIVE' to 7046379799

Silver

Range: 66000 - 68000

Our Preference: Buy Silver 66000+ for target 68000 with SL only below 65700

Category :

Bullion Report