Fundamentals Events
6.15 PM Fed Chair Powell Speaks
Fed Monetary Policy Report
Gold
Range: 51250 - 50300
Momentum Call: Sell Gold 51010 with SL 90 point for target 50725
Our Preference: Buy Gold 50300+ 1815$ around for target 51200 SL only below 50100
Alternative Scenario: Sell Gold 51250 = 1860$ for target 1832$ = 50650 with SL 51400+
Gold is getting in a range from 1816$ to 1860$.
50650 Buy @ 1st stroke SL 80 point for 170 point target
Silver
Range: 62900 - 60400
Our Preference: Sell Silver 61900 for target 60500 with SL 62300
Alternative Scenario: Buy Silver 60500 for target 61350 with SL 60100