Trump: If Iran has put mines in Hormuz Strait, we want them removed. If not removed, consequences will be at level never seen before
If Iran has put out any mines in the Hormuz Strait, and we have no reports of them doing so, we want them removed, IMMEDIATELY! If for any reason mines were placed, and they are not removed forthwith, the Military consequences to Iran will be at a level never seen before. If, on the other hand, they remove what may have been placed, it will be a giant step in the right direction! Additionally, we are using the same Technology and Missile capabilities deployed against Drug Traffickers to permanently eliminate any boat or ship attempting to mine the Hormuz Strait. They will be dealt with quickly and violently. BEWARE! President DONALD J. TRUMP
Fundamentals for the Day
6.00 pm Core CPI m/m
CPI m/m
CPI y/y
FOMC Member Bowman Speaks
8.00 pm Crude Oil Inventories
10.31 pm 10-y Bond Auction
11.30 pm Federal Budget Balance
Gold
Gold is trading very slowly & consolidate with a limited and cross 162400 yesterday, Open Interest has increase in Gold & Silver indicates Gold slowly accumulate its buying from 162400 with back up 161600 to upside 164300 or $5290
Range: 161500 – 164500
Our Preference: Buy Gold @ 161700 for target 164300 with SL 161200 below only if sustain
Alternative Scenario: Sell Gold 161500 with SL 159500 with SL 162000+ only If sustain (This call apply when above SL hit & move back up)
Trading Zone
Range:
