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Cryptocurrency Prices by Coinlib

Daily Bullion Report for the Day of 11th March 2024

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  • Gold Open Interest has been increase by 40,000 lots on Friday 8th March which indicates there is still Buy position has been carried away which makes a room for upside in Gold.
Gold 

Range: 66358 - 65050

Our Preference: Sell Gold 66328 target 65084 with SL 66500+ only if sustain
                           Intermediate target - 65720 

Morning Sell: Sell Gold 66050 target 65700 with SL 66150

  • Gold is already in very overbought condition as of now which indicates will take a little retracement.
  • Upside Breakout: 66500+ Gold buyside will make a target of 67300 & further upside .... 
Silver 

Range:75500 - 73000

Our Preference: Sell Silver 74850 target 73500 & 72500 with SL 75100+

Alternative Scenario: Sell Silver 75500 with SL 75850+ target 74000

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