Daily Bullion report of the Day 1st March 2023

Yesterday,

Gold low 55140 where we have given buy @ 55300 for 2nd target 55780 while high was 55798

Silver Low 63210 Where Buy given @ 63350 High where touch our target 64200

This upside will continue 56250 in gold 66000 in Silver

Fundamentals for the Day

7.30 PM FOMC Member Kashkari Speaks

8.15 PM Final manufacturing PMI

8.30 PM ISM Manufacturing PMI

PM Construction Spending m/m

ISM Manufacturing PMI

All Day Wards Total vehicle sales

Gold

Range: 55600 - 56240

Our Preference: Buy Gold 55660 with SL 55540 for target 56000 & 56240

Alternative Scenario: Buy Gold 55470 SL 55350 target 56000 & 56240

WEEKLY Position : Buy Gold 55650 target 56240 SL 56400

Silver

Range: 64137 - 66000

Our Preference: Buy Silver 64500 back up buy 64140 target 66000 SL 64000

Alternative Scenario: Sell Silver 66000 SL 66350 target 65000

Pricing

Online transfer
Cash
Online payment by credit card and Debit Card - Currently disabled as per new circular by SEBI

If you have any queries WhatsApp:

Bank: IDBI Name: Tradeline A/c: 0130102000030612 IFSC: IBKL0000130 Account type: Current