Trend : Upside till tomorrow
Gold
Range: 50300 - 51250
Positional Trader who has hold their Buy position will still continue Buy for target 50990 & 51250
51250 is the 50% price of Gold from Low 49876 & 52620.
Where again Sell will begun for downside 800 point at least.
Our Preference: Buy Gold 50300+ for target 50700 with SL 100 point
Alternative Scenario: Sell GOLD 51250 which is last sell for the week for target 50500 again with SL 51390
Trading Zone
Momentum Call: 50740 sell for with SL 50850 for 200 point target
50740+ Buy stop with SL 100 point for target 50990 & 51250
( Buy only when market touch 50850 & come back downside then only activate buy position)
Silver
Range: 57089 - 55100
Our Preference: Buy Silver 55500+ for target 57000 with SL only below 55020
Alternative Scenario: Sell Silver 57089 for target 55600 with SL 57400+ only If sustain
Positional Trader who has hold their position will book @ 57000 around.