Fundamentals for the Day
6.00 pm CORE Durable & Durable Goods Order m/m
7.30 pm CB Consumer Confidence
Richmond Manufacturing Index
- Trend : Negative for next 3 Days
- Open interest of Gold has been decreasing
- Next Trend change date is 29th March 2024
- Strategy: Sell on Rise
- Turning Point for gold is 66500 for upside
Gold
Range: 66328 - 65500
Our Preference: Sell Gold 66070 target 65730 SL 66200
Alternative Scenario: Sell Gold 66330 target 65550 with SL 66500+ only if sustain
Positional hold is same as it was earlier sell with sl 66500 FOR NEXT 3 DAYS - TARGET will be update on 29th Morning
Silver
Range: 75400 - 73500
Our Preference: Sell Silver 75400 target 74000 with SL 75700+ ( Holding)