BULLION REPORT 9 JAN 2020

BULLION REPORT 9 JAN 2020

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Latest Updates
  • Gold Cross 1565$ now on down side next point is to buy as a support is 1533.2.
  • COMEX Gold can Buy near 1533.2 with risk of 1527.9 for upside target 1557.2 & 1573.2.
  • MCX Gold has cross 40150 as we mention is a Big support which cross and heading towards 39378.
Gold
 
Range: 40150-39378
 
Our Preference: Buy Gold near 39378+ target 39951 SL below 39277
 
Alternative Scenario: Sell Gold 40114 for target 39378 with SL 40215+
Interim Trading Zone
 
40334 Sell @ 1st stroke
40114 Sell @ 1st stroke
39569 Buy @ 1st stroke
39880 Sell @ 1st stroke
 
Keep the SL of 35 point for above levels for jobbing purpose
 
Silver

Range: 46162-47550
Our Preference: Buy Silver 46162 target 46990 & 47500 with SL 45862
 

Alternative Scenario: Sell 47550 target 46950 SL 47800+

 
Trading Zone
 
47224 sell @ 1st stroke
47770 sell @ 1st stroke
45850 Sell @ 1st stroke (below only)

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