Cryptocurrency Prices by Coinlib

Bullion Report of 1st June 2022 update

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Yesterday, CB Consumer confidence + other data's got very positive which was a negative for  a gold. Gold has cross its basic range of of 1845$ & trying to move towards 1810$ now. So no positional buy is advisable for now.

Gold

Range: 50487 - 51300

Our Preference: Buy Gold 50490+ for target 50900 with SL 50390 below if sustain

Alternative Scenario: Sell Gold 51100 with SL 51200+ for target 50700

Trading Zone

50408 Buy for the day

50250 Sell Stop

50900 Sell @ 1st stroke

Silver

Range: 59600 - 62000

Our Preference: Buy Silver 60500+ for target 61214 & 61694 with SL only below 60200

Alternative Scenario: Sell Silver 60200 below for target 59600 with SL 60580

Trading Zone

59600 Buy for the week

61694 Sell @ 1st stroke

62100 Sell for the day

Maintain SL of 200 point for above Buy or Sell point

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