Fundamentals for the Day
7.00 pm FOMC Member Barkin Speaks
8.30 pm ISM Manufacturing PMI & Services
12.30 am FOMC Meeting Minutes
It seems that Gold may remain in the range of 2065$ to 2100$. ANy downside apply after breaking successfully 2061$ only
Gold
Range: 2065 - 2100$
Our Preference: Buy Gold 2066$+ target 2089$ & 2100$
Alternative Scenario: Sell Gold 2060$ for target 2043$ with SL 2066$
ON upper side Gold Strong sell point remain the same 2102$ with SL 2107$+ only for downside 2070$.
Silver
Range: 23.41 - 24.15
Immediate Sell : Silver sell 23.90$ target 23.50$ SL 24.10$
Our Preference: Buy Silver 23.41$+ target 23.90$ with SL 23.20$