[email protected]

Cryptocurrency Prices by Coinlib

Bullion report update of 6th April 2022

blog

Latest Updates

  • WSJ: As soon as Wednesday, the Biden administration will announce sanctions on Sberbank, Alfa Bank, Putin's daughters
  • Sberbank, Russia’s largest bank (furthering sanctions imposed last week) - Alfa Bank, one of Russia’s largest private lenders - Vladimir Putin’s two daughters (EU also considering this move
  • George: 50 basis points will be option we have to consider
  • Dollar Index trading @ 99.58, Bond Yield rise & trading @ 10Y 2.61, 2Y 2.585
  • USDINR yesterday touch 75.26, it strong from 76.50 to 76.26, where 1Rs = 500 move in mcx gold, which cause comex gold trading @ 1948$ yesterday but mcx gold touch only 51777 rather than 52200 due INR.
Market Commentary:
  • Gold trend is up, on the opposite side dollar index-bond yield & immediate action on hike interest rate by 50 basis point try to pressure on gold which cause the choppy market in GOLD.
  • Above all parameters shows gold may take a short dip to bounce back & will successfully cross over 1955$ in coming days soon.
Technical Point

Silver bottom out point @ 23.64$ while Gold has bottom out point @ 1890$.
Silver MCX bottom point @ 63891 & MCX Gold @ 50700.

How to trade in such a scenario for positional trader ?

  • Silver should buy @ 24.10$ with back up buy @ 23.63$ any risk will apply only below 23.45$ is sustain.
  • MCX Silver buy @ 65300 with back up buy 63890 for upper side target 70,000 & 73,000.
  • MCX Gold buy around 51251+ with back up buy 50770 for target 52200 & 53286.

Above trades are only apply for positional trader only & profit booking or rotation of position will be given by our broad cast system if you are added on Whats app group - you will receive all other latest updates & changing of any position due to break news or events. Whats app no: +91  7046379799

Gold

Yesterday, as per our report Gold works under trading zone only, where sell given @ 51750 buy given @ 51350.

Range: 51000 - 51800

Our Preference: Buy Gold 51117+ for target 51770 with SL only below 50970

Alternative Scenario: Sell Gold 51900 with SL 150 point for target 51251

Trading Zone

51580 sell with sl 70 point
50900 sell stop with sl 90 point

Silver

Range: 65200 - 67000

Our Preference: Buy silver 65200+ for target 66500 with SL only below 64910

Alternative Scenario: Sell Silver only below 64900 for target 63900 with SL 300 point

Trading Zone

66500 sell @ 1st stroke with SL 200 point

Category :

Bullion Report

Categories

Giving Futures
To Your Investment

Lets talk with our experienced analyst and earn maximum returns on your hard-earned money.

ASK AN EXPERT

Pricing

Daily Bullion Report

  • Quarterly 25000/-

  • Half Yearly 44000/-

  • Yearly 81000/-

Weekly Bullion Report

  • Quarterly 51000/-

  • Half Yearly 81000/-

  • Yearly 150000/-

Daily Forex Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Forex Report

  • Quarterly 300$

  • Half Yearly 551$

  • Yearly 1001$

Daily Crude Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

Weekly Crude Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Crypto Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

How to make Payments

Modes of payment are:

  1. Online transfer
  2. Cash
  3. Online payment by credit card and Debit Card - Currently disabled as per new circular by SEBI

    If you have any queries WhatsApp: 

    Whatsapp
IDBI Bank

Bank Details:

Bank: IDBI Name: Tradeline A/c: 0130102000030612 IFSC: IBKL0000130 Account type: Current

Pricing