Fundamentals for the Day
06.00 pm Retail & Core Retail sales m/m
Philly Fed Manufacturing Index
Unemployment Claims
07.20 pm Natural Gas Storage
10.00 pm FOMC Member Logan Speaks
10.55 pm FOMC Member Schmid speaks
Yesterday,
Same style trade happen as Tuesday 6pm – Wednesday 6 pm PPI declare weak for Dollar sudden up move in a minutes then stop moving more up and down.
It is clear that from Now onwards Buy on Dip strategy will apply only for an Investor or Positional Trader from the time line of 17th July to 15th Aug 2026 – What can be the probable Bottom in Gold as of now 1,35,000 can be the bottom 2 thing t0 watch Time zone till 15th Aug
Gold
Range: 140064 – 142700
Immediate Call: Buy Gold @ 140950 SL 140700 target 142000
Our Preference: Buy Gold @ 140065 for target 142400 with SL 139600
Alternative Scenario: Sell Gold @ 142700 with SL 143100 for target 140600
Trading Zone
139500 Breakout Sell for target 138200
All call are in sequence no need to get confuse -if still need clarification can connect us
Breakout Sell
Silver
Range: 213000 – 223500
Our Preference: Buy Silver @ 214500 for target 221000 with SL 211500 below only if sustain
Alternative Scenario: Sell Silver @ 223000 with back up sell 225000 for target 215000 SL 226000 ( Double entry means split the lot size always)
55$ will remain strongest support in Silver below that only will open the new range else will continue with 55$ to 63$
