Thursday, May 18, 2023

18 th may view on Gold & Silver

Gold 

Major zone for recovery 1950$ and 1965-70$ 
Weakness will be continued for 1950 if 1970$ break 

In mcx major support 59730 
60000 achieved now  


In silver MCX 23.2$ at current support 
And final also 
If break this too then 22.19$ can be possible downside 

Avoid long side entry and if stuck hold them 
At time of recovery average it out 

Imp. DATAS 
Initial jobless claims at 6pm 
Existing home sales at 7:30

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