Fundamentals for the Day
6.00 pm Philly Fed Manufacturing Index
Unemployment Claims
7.30 pm CB Leading INDEX
8.00 pm Natural Gas Storage
Latest News,
Original Statement
Trump on Iran: Announcing the most crushing economic operation ever taken against any country, will be an economic D-Day
No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me.
TRAGICALLY, for them, they have failed to take it. Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!
This will be Economic Warfare and Isolation on an unprecedented scale.
Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread.
Today, I am also announcing that ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.
Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are.
This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat.
These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide.
IRAN WILL NEVER HAVE A NUCLEAR WEAPON. – President DONALD J. TRUMP
Effect: Any Economical WAR war always negative for any countries stock market and positive for gold in long term
Gold
Gold is trading in Open Buy Position only for Holding
Range: 157111 – 165000
Our Preference: Buy Gold @ 157900+ target 159900 with SL 157500
Alternative Scenario: Buy Gold @ 157111 for target 159900 with SL 156600 below only if sustain
As Gold cross 156200+ has open the gate of 165000 on the next target for a trading purpose only – positional call will extend it’s target.
Zigzag Point before Target Arrive
159900
155500 Below Trend Change in Sudden event or News Scenario
Silver
Range: 236820 – 250000
Our Preference: Buy Silver @ 236820 for target 250224 with SL 235000 below only if sustain
Nearest Buy start @ 238710 for target 250224 with SL 700 point
ZIGZAG Point before Target arrive
241150 Resist to Cross Silver
243000 Fresh Breakout Buy Add into Position
231000 Below Trend Change in Sudden event or news scenario
