Fundamentals for the Day
WAR between US-IRAN may begin again – so close watch on the same and statement
Gold
Trend: Side way Upside
Range: 154500 – 149700
Our Preference: Sell Gold @ 154200 target 152250 with SL 154900+ only if sustain
Alternative Scenario: Buy Gold @ 149700 target 154000 with SL 149100
Positional Buy position has not change till the time
Trading Zone
154900 Buy Breakout Buy for target 157000
Silver
Silver is just trading side ways from 245000 to 230000 since last 2 weeks – Bull run is lying under all this –
Range: 245000 – 235000
Our Preference: Sell Silver @ 245000 target 237000 with SL 246000
Alternative Scenario: Buy Silver @ 235000 target 240000 with SL 233800
Positional Trader will make a Buy and hold 50% and rest 50% can book continuously – just keep under control your lot size.
Practically – Silver has one sided buy position can apply from now as we mention multiple times in our previous reports too –
Major Points 2,20,000 is bottom out point
Trading Zone
142000 Sell start for trading
