Gold Open Interest has INCREASE on Friday from 4,65,000 to 4,73,000 almost 8,000 long position has been carried on Friday & are still on hold after the announcement of Israel start Ground invasion on Friday night in Gaza based on this news all trader has carried away their Buy Position in Gold on Weekend night
As Gold has Cross 2007 $ in future has open the gate of 2038$ & 2063$ in Gold Future.Today Morning opening was below 2015$ was its 1st trade @ 3.30 am, it looks very fishy in Gold.
Gold
Range: 60645 - 61713
Our Preference: Buy Gold 61011 with back up buy target 61350 with SL 60900
Alternative Scenario: Sell Gold 60900 target 60645 with SL 150 point
- 61713 what we write is a maximum Day limit of Gold on upside as a Technical point of view where 61450 is a breakout Buy
Morning Call : Sell Gold 61301 SL 61401 target 61021
(This call has already given on Broadcast - Which you can also join)
Type - TLC Live on " 7046379799 " for joining a Broadcast
Silver
Range: 73400 - 71000
Our Preference: Sell Silver 72450 target 71235 SL 72700
Breakout Buy : Buy Silver 72750+ target 73400 with SL 300 point