Below are Views On Gold is trading higher by 1.17% at 49555 levels ByMr. Anuj Gupta- DVP- Commodities and Currencies Research, Angel Broking Ltd
Gold is trading higher by 1.17% at 49555 levels and silver is trading higher by 1.37% at 66940 levels as U.S treasury secretary nominee Janet Yellen’s plans to fight the coronavirus-induced economic crisis with big spending.
As of today Traders can go for buy in Gold at 49400 levels with the stop loss of 49000 levels for the target of 50000 levels. They can also for buy in Silver at 66700 levels with the stop loss of 66000 levels for the target of 68500 levels. We are expecting that gold may test $1880 levels and Silver may test $27 levels again soon.
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