Daily Bullion report update of 16th April 2021

Daily Bullion report update of 16th April 2021

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Yesterday, Trader who has CF for Gold in yesterday sell position will maintain the SL @ 47301+ & modify their booking Gold near 46650.

Gold

Range: 47250 – 46650

Our Preference: Sell Gold 47150 = 1768$ 2nd sell 47270 with Stop only above 47310+ for target 46750

Alternative Scenario: Buy Gold only above 47325+ = 1778+ for target 47735 with SL of 135 point or 7$.

Silver

Range: 69000 – 67000

Our Preference: Sell 69000 for target 67250 with SL only above 69350+

Alternative Scenario: Buy Silver 67100+ for target 68800 with SL only below 66750

 

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