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Cryptocurrency Prices by Coinlib

Daily Bullion Report for the Day of 13th March 2024

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Fundamentals for the Day


08.00 pm  Crude Oil Inventories
10.30 pm  30 -Y Bond Auction

  • Gold is trading under open selling as of now with modified SL of 65800
  • Gold Open Interest has been reduce by 13,000 lots around yesterday which indicates downside for Gold.
Gold 

Range: 65700 - 64870

Our Preference: Sell 65676 target 65084 with SL 65776+

Alternative Scenario: Sell 65869 target 65084 with SL 66000+ only if sustain

Positional 1st target is 65080 & 64280

Intermediate temporary support 64720 for momentum buy with SL 70 point

Silver 

Range: 74500 - 72500

Our Preference: Sell Silver 74250 target 73200 & 72500 with SL 74600+

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