Cryptocurrency Prices by Coinlib

Daily Bullion Report for the Day of 10th April 2024

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Fundamentals for the Day


6.00 pm  CORE CPI m/m
               CPI m/m
               CPI y/y
7.30 pm  Final Wholesale Inventories
8.00 pm  Crude Oil Inentories
10.15 pm FOMC member Barkin Speaks
10.31 pm 10-Y Bond Auction
11.30 pm  FOMC Meeting Minutes
                 Federal Budget Balance

  • Gold is on top of the world with its life time High @ 2384.5$ where its not much more far away from 2420$ now
  • Gold will move downside anytime from here around 150$
  • We are expecting 2260$ from this point @ any time
  • MCX Gold has a 2 options as of now 1 @ 72000 & 2nd @ 72750.
  • Upside move is very limited around 1,000 point max till 72750 while on downside it can go till 4,000 point which can be  68,000 around. So we do not suggest to go with Buy side position anymore.

Gold 

Range: 

Our Preference: Sell Gold 72100 for target 68500 with SL 72300

Alternative Scenario: Sell Gold 72700 with SL 72900 target 68500

2 Trading zone arrive

  • Buy Position @ 71400 with SL 70 point for target 71750
  • Buy @ 71100 with SL 80 point for target 71550

Silver 

Range: 84268 - 78500

Our Preference: Sell Silver @ 83375 for target 80500 with SL 300 point

Alternative Scenario: Sell Silver 84268 with SL 300 point for target 81000

  • Buy position @ 82000 with SL 81800 for target 83375

  • COMEX Silver has a 2 major point 28.70$ & 29.55$
  • As a weekly trader we prefer to make a sell position around 28.70$ with risk of 29$
  • 2nd sell 29.55$ with risk of 29.85$ for target 26$ again
  • Silver is already on pick up point with bull run but as part of Bullion Gold downside move will follow by silver also in moment.  

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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$

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