Dollar Index moves from 102.85 to 102.30
It seems Gold may touch upto 1870$ for today a little upside expected
Open interest is working in opposite direction then the pricing.
Yesterday,
Gold buy given @ 50490 where it made a low of 50415 for target 50900 achieve
Gold
Range: 51250 - 50487
Our Preference: Sell @ 51250 for target 50750 with SL 51370
Alternative Scenario: Buy Gold 50497+ for target 51200 with SL only below 50390
Trading Zone
50700 Buy @ 1st stroke
50997 Sell @ 1st stroke
Silver
Range: 62500 - 60500
Our Preference: Sell Silver 62400 with SL 62780 for target 61500
Alternative Scenario :60850 for target 61750 with SL 60500 below only
Trading Zone
62171 Sell with SL 100+ point