Fundamentals for the Day
6.00 pm Unemployment Claims
7.30 pm Final Wholesale Inventories m/m
8.00 pm Natural Gas Storage
10.31 pm 30-Y Bond Auction
11.10 pm FOMC Member Musalem Speak
Gold
Range: 151000 – 148100
Sell start for the Gold @ 150000 with SL 350 point for target 1000 point
Our Preference: Sell Gold @ 150700-151000 with SL 151400 for target 148450
Alternative Scenario: Buy Gold @ 148400 – 148100 with SL 147900 for target 150000 & 151000
Trading Zone
147800 Breakout Sell
Silver
Range: 229000 – 218500
Our Preference 1: Sell Silver @ 225000 target 218500 with SL 226500
Alternative Scenario: Buy Silver @ 218500 target 226000 with SL 216500
Trading Zone
Last Sell for the Day 229500
