Latest Updates
@12.58 AM Biden: I will begin to impose sanctions that are far more severe than previous ones
- BIDEN SAYS U.S. ISSUING FULL BLOCKING SANCTIONS ON TWO RUSSIAN BANKS
- BIDEN SAYS ALSO IMPOSING SANCTIONS ON RUSSIAN ELITES, FAMILY MEMBERS
- Biden: Authorized Additional Forces And Equipment To Bolster Baltics
- These Are ‘Defensive Moves’
- ‘We Have No Intention Of Fighting Russia
- Biden says U.S. closely monitoring energy supplies for any disruptions
- This will heavily impact on Crude oil & Natural Gas price move upper side only. Which will impact on Inflation heavily.
- It is a really bad news If this is gonna happen in that case
- Russia's Putin: If necessary, Russia will send military troops to Donbas
Impact : Based on the coming statements from Russia & US it clearly seems that this is not going to easy in a week. Which indicates flame of war will still continue. Based on this Gold & Silver both be remain in Buy side only which has open the gate of 52500.
Right now Gold + Silver is completely driven by statements or any breaking news, this updates are coming once in every 4-6 hours.
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Yesterday CB Consumer Confidence @ 8.30 pm data declare was a good number for Strong Dollar.
Gold
Range: 49730 - 50665
Our Preference: Buy Gold 50150+ for target 50665 & 51087 with SL below 50000
Alternative Scenario: Buy Gold 49735+ for target 50665 with SL 49600 below
Trading Zone
50665 sell with SL 80 point
Silver
Range: 63306 - 66500
Momentum Buy Silver 64025+ for target 64600 with SL 63800
Our Preference: 63306+ for target 64500 with SL 62900
Add buy on breakout of 64850+ for extended target 66500
Trading Zone
64700 Sell @ 1st stroke with SL 200 point