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Cryptocurrency Prices by Coinlib

Daily Bullion Report for the Day of 24th June 2024

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Fundamentals for the Day


11.30 pm FOMC Member Dali Speaks

Gold has successfully move down from the 72850 to 71800 on Friday last week. 
The most surprise thing is Gold Open interest is still on very high which is little fishy but we will stick to out points + trend only.

Gold 

Range: 72195 - 70750

Our Preference: Sell Gold @ 72195 target 71600 & 71200 with SL 72300+

Alternative Scenario: Sell Gold @ 72457 with SL 150 point target 71750

Trading Zone 

Buy 71580 SL 100 point
   
Silver 

Range: 87500 - 91250

Momentum Call: Buy Silver 88700 target 89800 with SL 300 point

Our preference: Sell Silver 91250 target 88700 with SL 91800

Trading Zone 

90635 Sell with SL 250 point target 1000 point 

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