3/02/2021 1:59:48 PM | Source: Angel Broking Ltd
Yesterday Gold prices corrected sharply by 1.84% By Anuj Gupta, Angel Broking
Below are Views On Yesterday Gold prices corrected sharply by 1.84% By Mr. Anuj Gupta- DVP- Commodities and Currencies Research, Angel Broking Ltd
Yesterday Gold prices corrected sharply by 1.84% and closed at47825 levels, Silver also corrected sharply by 8.31% and closed at 67,541 levels. Strength in Dollar and increased margins by Comex in Silver pressurize the gold and silver prices. However the expectation of Stimulus package for US economy may provide support to Gold and Silver prices.
As of today Traders can go for buy in Gold at 47500 levels with the stop loss of 47200 levels for the target of 48300 levels. They can also for buy in Silver at 67800 levels with the stop loss of 66800 levels for the target of 69500 levels. In international market gold may test $1900 levels soon.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer
Click Here