Our Preference:- Buy Gold 47450+ for the target 48200 with sl 47300
Alternative Scenario:- Sell Gold 48250 add 48400 for target 47550 with sl 48555+
As we mentioned earlier gold looks 48082 has been done today. Now 48400 on the upper side is a strong resistance which may drag gold down till 47450 around. Above 48555+ will be made in the new buy zone only.
Our Preference:- Sell Silver 49500 for the target 47800 with sl 49800
Trend for gold and silver remain in Buy only. So we prefer to be remain in buy.