Fundamentals for the Day
6. 00 PM CPI & Core CPI m/m
CPI y/y
As per the CPI expectation Gold will move upside again
Gold
Range: 92825 - 94974
Our Preference: Buy Gold 93000 target 94200 with SL 92750 below only if sustain
Alternative Scenario: Sell Gold 94274 with SL 94500 for target 93500
Trading Zone
93480 Buy for a momentum with SL 100 point
94500+ Buy target 94974
94974 Sell for the Day with SL 200 point for 900 point target
Silver
Range: 94200 - 97100
Our Preference: Buy Silver @ 96000+ target 97500 with SL 95700
Alternative Scenario: Buy Silver @ 94200 with SL 93700 target 97000
Trading Zone
97500 sell @ 1st stroke with SL 250 point