Bullion Report 12 Jan 2021

Bullion Report 12 Jan 2021

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Yesterday Gold call is still on where Buy given from 48850 for target 49600 & 50250 for overnight trade.
Gold will still continue to move up.
Gold
Range: 48850-50255
Our Preference:- Sell Gold 49600 for target 49157 with SL only above 49800+
Alternative Preference:- Buy Gold 48850+ for target 49600 with SL 48650 below.
Jobbing Point
Sell 49808 stop 49931 SL 70 point
Silver 
Range: 66961 -63850
Our Preference: Sell Silver 66961 for target 65300 with SL 67400+
Alternative Scenario: Buy Silver 63850+ for target 66100 & 66961 with SL 63450.
(This call is already active for overnight position)
Till the report range has not break by market trader will trade in the same direction.

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