- Russian Military has already enter into Ukraine cities.
- They are just 100 km away from its Capital Kyiv.
- By tomorrow morning Ukraine war decision will be clear.
- On other side US President Biden promises 'further consequences' for Russia. European Member have an urgent meeting to take an action VS Russia will be declared in upcoming news.
Impact: In the state of war Gold, Silver ,Crude will remain one sided Buy side only VS Indices ( Nifty, Nasdaq & others), all Fx currencies will move downside only. Which we have already mention in our previous report too.
As of now for today also Gold & Silver are in open Buy Where Gold will touch its target 52500. which we mention in our previous report, but do the as much lots with back up which u can bear a losses not more than that.
Range: 51109 - 52565
Our Preference: Buy Gold 51109 target 52565 with SL 50900
Alternative Scenario: Sell Gold 52565 with target 51650 with SL 52765
Positional trader who bought Gold can book their gold near 52500 around
At the price of 1950.9$ Gold is up by 170$. Further buy is above 1954$+.
Practically Gold & Silver is in open Buy case without any levels just based on the War news.
51800 SL 100 point
51940+ Buy stop SL 100 point
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Range: 64500 - 68500
Our Preference: Buy Silver 65500+ for target 66500 add buy above 66700+ for target 67900
Silver has base price of 64500 now with a strong buy & top to bottom correction point.
Sell 66500 SL 66650