Fundamentals for the Day
6.00 pm Employment Cost Index q/q
6.30 pm HPI m/m
7.15 pm Chicago PMI
7.30 pm CB Consumer Confidence
Gold
Momentum Buy: 61150 SL 61090 target 61400
Range: 61010 - 61731
Our Preference: Buy Gold 61010+ target 61431 & 61713 with SL 60900
Alternative Scenario:Sell Gold 61713 with SL 61881 target 61130
Breakout Buy 61900 is a breakout buy this will happen only based on some news of ' WAR ' or other fundamentals.
Silver
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Range: 71900 - 73186
Our Preference: Buy Silver 72175 target 73185 with SL 71700
Alternative Scenario: Sell Silver 73300 target 72500 with SL 73700
Breakout Buy 73700+ target 74500