Cryptocurrency Prices by Coinlib

Bullion Report of the Day 20th Jan 2023

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Fundamentals for the Day

7.30 FOMC member Harker Speaks
8.30 PM Existing Home Sales
11.30 PM FOMC Member Waller Speaks

COMEX Gold High 1936.1$ which is near our sell point 1940$, where we prefer to our last sell for target 1900$
As per MCX when it cross 56300+ we mention to go with buy 56300+ for target 57050 as there is a major disparity between MCX & COMEX gold as of now so both of them can not match right now.


Gold

Range: 56840- 56200

Our Preference: Sell Gold 56900 for target 56300 with SL 57080

Alternative Scenario: Buy Gold 56220 target 56650 SL 56050

Silver 

Range: 69300 - 68500

Our Preference: Sell Silver 69300 with back Up sell 69500 SL 69700 target 68200

Alternative Scenario: Buy Silver 67700 with SL 67390 for target 68800


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