Fundamentals for the Day
7.00 pm Unemployment Rate
Average Hourly Earning m/m
Non Farm Employment Change
Unemployment Rate
7.55 pm FOMC Member Bowman Speaks
8.30 pm Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectation
FED Monetary Policy Report
10.30 pm FOMC Member Kugler Speaks
Gold
Range: 83900 - 86000
Our Preference: Buy Gold 83900 target 85900 with SL 83750
Alternative Scenario: Sell Gold 86000 with SL 86200+ only on closing basis for target 81500
Trading Zone
83750 Breakout Sell target 83300 with SL 150 point
83250 Buy Gold with SL 83020
85020+ Buy stop
Yesterday, Gold low 83887 where we mention to Buy 83900 for upside target has activate
Silver
Range: 93473 - 96400
Our Preference: Buy Silver 93500 target 96000 with SL 93000
Alternative Scenario: Sell Silver 96300 with SL 96600+ for target 94350
Trading Zone
Breakout Buy 97000 for target 102000
Breakout Sell 93000