Yesterday Meeting begins between NATO Members & US for how to help out Ukraine. Biden Press Conference : Biden Warn China
Effect: As per the above news till morning WAR will continue little long, Commodities price will remain high & increasing too, this indicates Bullion also remain on Buy side only Gold Range: 51591 - 52500 Our Preference: Buy Gold 51900+ add buy @ 1950$ match with MCX for target 52480 with SL 51700 ( only if sustain) As we mention in Yesterday's report to Buy Gold@ 1950 If cross 1956$+ now it trading as per the same which indicates above 1950$ target is set to touch 1987$. So Buy Gold 1951$+ today also Only issue is all trades are now switching into the new contract in comex & MCX both. So current contract move less upper side in compare to new contract Trading Zone 51816 Buy for session 51591 Buy 51480 Sell Maintain SL of 70 point Our Regular follower will take only Buy position as per their lots with back up of same lots only. As upper side for positional trader target is 53200. Silver Range: 68900 - 71300 Our Preference: Buy Silver 68928+ for target 70114 & 71299 with SL 68600 Trading Zone 68600 Sell below this price 70114 sell for jobbing purpose only 71299 sell for the session COMEX Silver target is 26.60$ or the day.