BULLION REPORT 29 MAY 2020

BULLION REPORT 29 MAY 2020

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Latest Updates

Trump will be giving a press conference on China on friday.

Gold

Range: 47318 – 45750
 
Fundamentals of the day
7.15 PM Chicago PMI
7.30 PM UoM Consumer sentiment
8.30 PM Fed Chair Powell speaks
Our Preference: Sell Gold below 46870 for target 46361 & 45800 with SL 47050+
Alternative Scenario: Buy 45750+ target 46350 with SL 45550
 
Yesterday Gold High 46860 – we mention sell near 46877 Low 46288 where target was 46350
As in the evening session If market cross our given range or any breaking news based Price Movement will be provided by Whats app only – so stay tune on whats app after the report also – Type “Commodity Call” Whats app No – +91 7046379799
 

Silver

 
Range: 49500 – 46900
 
Momentum Call: Buy Silver 48170 Target 48700 SL 48020
 
Our Preference: Sell Silver 49500 target 48000 SL 49800

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