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Cryptocurrency Prices by Coinlib

Daily Bullion Report of the Day 31st Jan 2023

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Fundamentals for the Day

7.00 PM Employment Cost Index q/q
8.15 PM Chicago PMI
8.30 PM CB Consumer Confidence

  • Gold will touch around 1876$ with the top line 1948$ which was in previous contract now it has CF same levels in the new contract .
  • Gold has break its TRENDLINE in a Daily basis.
  • Silver will swim with Gold now.
  • As Gold has been remain high on consistent basis but now its breathing heavily to move upside.
  • As we can see upside is very limited to 1948$ only 

Gold 

Range: 57050 - 56150

Our Preference: Sell Gold 57050 for target 56250 with SL 57201 only if sustain ( Holding Basis)

Silver 

Range: 68900 - 66500

Our preference: Sell Silver 68600 with SL 69100 for target 66500

Its time for Silver to touch 22.50$ now


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