Cryptocurrency Prices by Coinlib

Bulion Report of 14th March 2022

Its Fed week.
On Wednesday night Fed will hike the interest rate which is expected around 0.25% minimum & 0.50% maximum. In this case Gold & Sliver are trying to make a discount in advance. Expected price are 1938$ to 1928$. Which will be buy price for Thursday. Silver 24.37$ will be the base price. But we will wait for good buy till Wednesday night.

Gold

Range: 52200 - 54000

Our Preference: Buy Gold 52150+ with SL only below 51950 for target 53000

Alternative Scenario: Sell gold @ 53000 when it cross 51950 with SL 53150 for target 51700

51650 will be the buy again with risk of 200 point.

Silver

Range: 69000 - 71000

Our Preference: Buy Silver 69000+ for target 70500 with SL 68600

Alternative Scenario: Sell Gold 69000 only after its low 68500 with SL 69500 for target 66000.

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Bullion Report