Cryptocurrency Prices by Coinlib

Daily Bullion Report for the Day of 6th March 2024

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Fundamentals for the Day 


6.45 pm Non Farm Employment Change
8.30 pm Fed Cahir Powell Testifies 
              JOLTS Job Opening
              Final Wholesale Inventories m/m
9.00 pm Crude Oil Inventories
10.30 pm FOMC Member Daly Speaks

  • Gold is trading in overbought condition as of now, on upper side maximum upside as of now is 65500.
  • Positional Trader will start sell Gold @ 65000 with back up 65500 for 1st target 63150 as of now
  • We expect Thursday or Friday will be downside for Gold & Silver both.

Gold   

Range:   65150 - 64500

Our Preference: Sell Gold 64990 target 64550 with SL 65150 

Alternative Scenario: Buy Gold 64530 SL 64400 target 64850

Breakout Sell 64400 target 63955

Positoanl Sell 

Silver 

Range: 74000 - 72500

Our Preference: Sell Silver 73816 target 72500 with SL 74200+ only if sustain 

Alternative Scenario: Breakout Buy 74500+ target 75900 with SL 300 point  

Category :

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Daily Bullion Report

  • Quarterly 25000/-

  • Half Yearly 44000/-

  • Yearly 81000/-

Weekly Bullion Report

  • Quarterly 51000/-

  • Half Yearly 81000/-

  • Yearly 150000/-

Daily Forex Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Forex Report

  • Quarterly 300$

  • Half Yearly 551$

  • Yearly 1001$

Daily Crude Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

Weekly Crude Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Crypto Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

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