Fundamentals for the Day
7.15 pm Flash Manufacturing PMI
Flash Services PMI
7.30 pm New Home Sales
Gold
Positional Trader will continue their sell position till 29th April 2024 - we will update mean time the target of booking for sell.
Range: 71200 - 69574
Our Preference: Sell Gold 70837 for target 70350 & 69794 with SL 70950+
Alternative Scenario: Sell Gold 71200 for target 69794 with intermediate target (70250) SL 71400
Buy Side Our Preference: Buy Gold 69574 with SL 69400 for target 70300
Trading Zone
70300 Buy with SL 100 Point for target 70700
70100 Sell Stop with SL 100 point
Silver
- Silver has open the target of 75187 as it started moving below 81500.
- Positional trader can activate sell position from 81500 for target 75500 - strictly only for positional trader which required high patience.
- Silver is already trading in open sell right now
Range: 81500 - 77138
Our Preference: Sell Silver 80600 for target 78313 with SL 80900+
Alternative Scenario: Sell Silver 81500 for target 78500 & 77138 with SL 81900+ only if sustain
Trading Zone
Immediate Sell 80190 SL 150 point