Latest Updates
Yesterday Gold made a high of 1974.6$ where MCX high Gold 52740 & move down for a jobbing purpose till 52080 where Our Buy call activate @ 52100+ for target 52948 & 53286.
COMEX Gold Open Interest of increase with 5,71,000 & volume 1,94,489 which indicates today also Gold price will increase with support of 1950$.
Report will be same as yesterday will continue... for Buy Gold only 52100+ this call has activate yesterday & moving towards target
Gold
Range: 52000 - 53286
Comex: 1950$ - 1987$
Our Preference: Buy Gold 1950$ = 52150+ for target 52948 = 1987$ target.
Alternative Scenario: Sell Gold 1987$ = 52948 with SL 53100+ for target 52250
Silver
Range: 67500 - 69118
Yesterday Silver buy call activate 67500+ where it made a low 67251 after its high 68480, now it move on towards the target 69118.
Our Preference: Buy Silver 67500+ for target 69118 with SL 67100
Alternative Scenario: Sell Silver 69118+ for target 68118 with SL 69500
Positional Trader will maintain their Buy position only both in Gold & Silver.
Our Preference: Buy Silver 67500+ for target