Cryptocurrency Prices by Coinlib

Bullion report Update of 12th April 2022

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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

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