IMP : Gold & Silver both will remain downside dip till 47551 & 61000.
(But this price will only apply to holding clients only who wants to Buy for positional )
(US Holiday in evening session)
20th January Jo Biden will start operation as a President. So on Wednesday & Thursday some big announcements are expected which will affect heavily on Bullion & other commodity also. So stay alert for heavy movement with volume based on breaking news.
Day Range: 49200 – 47551
Our Preference: Sell Gold 49000 add on 49200 for target 48250 & 47551 with SL 49300+
48600 Buy SL 48535
48926 Sell SL 49003
Range: 66017 – 63875
Our Preference: Sell Silver near 66000 & add on 66800 for target 63850 with SL 66900+
Alternative Scenario: Buy Silver 63875+ for target 63200 for target 66000.
IMP – Silver has a crucial sell point near 66000 for downside target 61000 with risk only above 66900+. (Only for holding position)
61000 Price may be the last price from where Gold will take a long jump – which we update as & when arrive.