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