Commodity Morning Trading Guide

Bullions counter may witness profit booking at higher levels as gold prices witnessed sharp sell-off in the previous session, as traders digested rate-hike remarks from global central banks, but the metal was set for its first weekly drop in seven amid a strong dollar. Today outcome of US nonfarm payroll data can give further direction to the prices. Gold can move in range of 57600-58000 while Silver also can move in range of 69600-70600.