Open Interest decrease by 13098 from 5,11,320 to 4,98,222 volume decrease from 1,34,999 to 1,20,675 at the same time pricing also Decrease.
This indicates Gold price will remain downside.
As it has cross 1851$ will moving towards 1831$ & 1813$ with a lower volume
This will cause trend on downside only
Gold
Range: 51100 - 50500
Our Preference: Sell Gold 50950 below for target 50600 with SL only above 51050+
Alternative Scenario: Buy Gold 50460+ for target 50800 with SL 50340
Silver
Range: 61500 - 62800
Our Preference: Buy Silver 61501+ for target 62300 with SL 61250
Alternative Scenario: Sell Silver 61500 it touch 61250 & move up then only with SL 61800 for target 60600