Cryptocurrency Prices by Coinlib

Bullin Report updates for 23rd May 2022

blog

Gold will remain upside for the week of 23rd May to 27th May 2022

What we gave last week ?
Gold has touch our 1st target of 1850$ where we mention for Positional trader Buy @ 1798$ in MCX it touch 50800 where we gave buy @ 49700+ for Positional Trader.

Latest Status of other factors affecting Gold

  • Dollar Index is trading @ 102.80$.
  • S&P 500, Nasdaq are trading @ the lowest of the year.
  • Crypto Currencies are facing heavy selling till Friday night, BITCOIN trading @ 29000 around.
  • Treasuries Bonds are on HIGH.
  • Inflation is not ready to give reduce till date.
Effect: All this indicates Gold will take one more step of upside of this week.Gold will take a base support of 1825$ & will move upside till 1885$.
MCX Gold will take a base support of 50400+ & will touch 51500.

Gold

Day Range: 51250 - 50600

Our Preference: Buy Gold 50800 + for target 51400 with SL 50680 below only.

Alternative Scenario: Sell Gold @ 51400 with SL 51550 above only for target 51000 ( Intraday only)

Trading Zone

50800 Buy starts for the day

51110 Sell for the momentum

Silver

Silver has touch our 1st positional target 62000 where we mention buy from 58500+ for target 62000 & Silver made the same high.Silver will touch 64400 this week with the base support of 60800 by Friday night.

Range: 60850 - 62500

Our Preference: Buy Silver 61000+ for target 62000 with SL only below 60600

Alternative Scenario: Sell Silver 62371 SL 62600 for target 61500 ( Intraday only)

Trading Zone

62000 Sell for the momentum

Buy Stop 62600 target 63227

Positional Trader will Buy Silver with base of 60850 for target 64400 with risk only below 60000 if sustain then exit only.

Category :

Bullion Report

Giving Futures
To Your Investment

Lets talk with our experienced analyst and earn maximum returns on your hard-earned money.

ASK AN EXPERT

Pricing

Daily Bullion Report

  • Quarterly 25000/-

  • Half Yearly 44000/-

  • Yearly 81000/-

Weekly Bullion Report

  • Quarterly 51000/-

  • Half Yearly 81000/-

  • Yearly 150000/-

Daily Forex Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Forex Report

  • Quarterly 300$

  • Half Yearly 551$

  • Yearly 1001$

Daily Crude Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

Weekly Crude Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Crypto Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

How to make Payments

Modes of payment are:

  1. Online transfer
  2. Cash
  3. Online payment by credit card and Debit Card - Currently disabled as per new circular by SEBI

    If you have any queries WhatsApp: 

    Whatsapp
IDBI Bank

Bank Details:

Bank: IDBI Name: Tradeline A/c: 0130102000030612 IFSC: IBKL0000130 Account type: Current