Bullion Report of 6th May 2022

Posted by Tradelinecapital
06 May 2022 06:46:48 PM

Yesterday downside of Gold & Silver indicate a clear indication of Gold & Silver remain downside only for next 5 Days.

Gold

Range: 1895 - 1850

Our Preference: Sell Gold 1888 with SL 1894 for target 1865 & 1850

Gold has a high pressure on downside only. Yesterday Open interest & volume got increase even though gold make moves downside. Which indicate Gold will try to remain downside where 1835$ is a good support.

Trading Zone

1850$ Buy @ 1st stroke

1835$ Buy @ 1st stroke

SL will be 3.5$

Silver

Range: 22.72 - 21

Our Preference: Sell Silver 22.60$ with SL 22.85 for target 22$ & ass sell more below 21.90$ for target 21.20$

Silver Spot & Future price difference is now zero - so there is no premium which indicates Silver will remain downside & will try to touch 21$ around. in next 72 to 120 Hours trading hours, where 20.77$ Will be a strong buy support

So Buy Silver from 20.70$ with SL only below 20.30$ for upper side target again around 23.50$

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:

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

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Bank Details:

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

Bullion Report of 6th May 2022

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