BULLION REPORT 23 JUNE 2020

BULLION REPORT 23 JUNE 2020

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Gold

Range: 48500 – 47450
Our Preference: Sell Gold 48240 add 2nd at 48400 for target 47750 & 47550 with risk of 48550
Alternative Scenario: Buy  Gold 47450 for target 47950 with risk of 47300
Trading Point
47802+Buy for target 200 Point
Commentary: As per technical point of view 47431 is the base price of the trend reversal point of gold.It is key and giant support for gold.
Fundamentals are clashes against each other with different news. But all of them are for upside Gold.

Silver

Range: 49500 – 48000
Our Preference: Sell Silver 49400 for target 48800 with sl 49800
Alternative Scenario: Buy Silver 47550+ for target  48800 with risk only below 47150
Trading Point
48000 Buy Target 48500 sl 47900
48832 Sell Target 48350 sl 48950

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