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Daily Reports

MCX Daily Bullion Report for the Day of 17th Aug 2026

By August 17, 2026No Comments

Fundamentals for the Day

No major data for the Day apart from CANADA CPI

Gold

Range: 155800 -152000

Immediate Sell @ 155250 target 153800 with SL 250 point

Our Preference: Sell Gold @ 155800 for target 153800 & 152000 with SL 156250 + only if sustain

Alternative Scenario: Buy Gold 156350+ with back up Buy 155800 for target 159000 with SL 155600 below only if sustain

Trading Zone

Silver

Range: 241100 – 2310000

Our Preference: Sell Silver @ 241100 target 232500 with SL 243000

Alternative Scenario: Buy Silver @ 232000 with SL 230500 for target 238000

Trading Zone

230000 Breakout Sell for target 227000

227000 Buy for the Session target 232000

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