Cryptocurrency Prices by Coinlib

Bullion report update of 28th April 2022

What is happening in Gold ?

  • Dollar Index 103.12 which is weaker the Gold
  • Gold cross 1890$ after a Long time which has open the gate of 1820$. 
  • At the price of 1820$ good buy will activate.
  • MCX Gold is expect 49800+ will be a good buy is expected.
  • Fed will hike its interest rate on 4th May by 0.50 basis point where its effect is approx 80$ to 90$ where Gold has move more than the same so now additional selling will be recover after 29th April only
  • Positional Buyer should be ready on tomorrow  mid evening or @ 1820$ whichever come 1st.

Gold

Our Preference: Sell Gold 51200 with SL 51400+ or target 50750 (intraday) & 50350 (Overnight)

Trading Zone

50750 Buy with SL 50650 target 250 point
 
Positional trader should be ready to buy Gold @ 1820$ = 49850 around, which we expect even around or before 4th May 2022.

As on 4th may is arriving for Interest rate hike & gold is try to complete its effect in all advance & will try to touch 1820$ around before that which is 49800 in MCX if any changes are there we will update by Whats app Broadcast only.
Silver

Silver has open the gate till 22$ around, which is equivalent MCX Silver 62000 around as per that.

As we stated earlier also positional trader will remain silent & wait till 28-29th April as due to expiry Silver can buy only after or on 29th April Evening.

Trading Zone

63650 Buy SL 200 point

Category :

Bullion Report