Daily Bullion Report for the Day of 15th March 2023

Silicon Valley Bank problem is near to solve by Fed with help of other institutional Investors & Investor.
Based on this Gold has taken a little bit more upside which will return to pavilion on down side in Gold we expect.
So today & tomorrow only sell should be apply in Gold

Fundamentals for the Day

6.00 PM PPI & Core PPI m/m

Retails Sales & Core Retails Sales m/m

Gold

Range: 57700 - 56840

Our Preference: Sell Gold 57650 for target 56850 with SL 57801 (Holding till Friday Close)

Alternative Scenario: Buy Gold 56850 target 57250 with SL 56700

Breakout Sell: Sell Gold 57140 below target 56850 with SL 57280

Silver

Range: 67150 - 65000

Our Preference: Sell Silver 67100 target 65200 with SL 67500+

Alternative Scenario: Buy Silver 65150 for target 66150 with SL 64800

Pricing

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