Fundamentals for the Day
5.45 pm EUR Main Refinancing Rate
Monetary Policy Statement
6.00 pm Core PPI m/m
PPI m/m
Unemployment Claims
6.15 pm ECB Press Conference
7.30 pm Existing Home Sales
Final Wholesale Inventories
8.00 pm Natural Gas Storage
9.30 pm Crude Oil Inventories
10.31 pm 30-Y Bond Auction
Latest News,
US Treasury: Will buy up to $6B in 10 to 20 Yr liquidity buyback operation on September 10th.
US Treasury To Buy Back Up To $6B In Longer-Dated Debt Thursday
Treasury updates the buyback schedule to show long term operations of at least $4B
Trump Admin. Official: Buyback Announcement Builds On Prior Enhancements; Treasury Buyback Increase Is Part Of Ongoing Approach
Market Commentary: US Treasury will start Bond Buy back of 10-20 years with more then $6B debt from Thursday – As it’s clear debt which gets negative for Dollar and positive for Gold – which makes clear direction for Gold upsdie.
On the other hand rate hike started by New Zealand then Europe will declare – Fed may do the rate hike but still it’s possibility are in last quarter of 2026 based on the CPI and other data – and this news make gold downside move – In the end If we understand better rate hike is for 1 Dip while Bond Buy back has a long term and regular impact where debt increase so in the end Bond Buy back vs Rate hike = net impact still weightage of bond buy back effect wins, has high impact makes negative for Dollar Index and upside for gold but yes in coming months volume will also High and all of this will make Gold touch our original given target 5100$ in the end- all Dip’s are only buying opportunity
In the mean time Gold will try to survive at the same rate with a range bound position then sudden breakout will shown
XAUUSD-Gold
Range: 4350$ – 4490$
Our Preference: Buy Gold @ 4358$ ( Call already active) so fresh buy for the day 4390$+ for target 4460$
Alternative Scenario: Sell Gold @ 4490$ for target 4430$ with SL 4512$
Trading Zone
4461$ Sell for session with SL 12$
XAGUSD-Silver
Range: 65.20$ – 74.80$
Our Preference: Buy Silver @ 65.30$+ (Call active already) fresh Buy start @ 66.50$ for target 68$ & add above 68.40$ for target 69.90$ & 74.80$
Trading Zone
66.90$ Buy @ 1st stroke
Silver trading start with a very high volume ups and down so a trader can keep on jobbing
Positional Trader can keep on Buy book 50% of stock and 50% on hold for the target already given 74.80$
