Fundamentals for the Day
6.30 PM Fomc Member Harker Speaks
7.30 PM Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectation
- Comex Gold has a resistance at 1902$ sell point with risk apply above 1908$
- Comex Gold has a Support at 1875$ with risk below 1870$ only
Gold
Range: 58400 - 57690
Our Preference: Sell Gold 58376 with SL 58501 Target 57933 & 57700
Alternative Scenario: Buy Gold 57690 Target 58100 with SL 57550
Silver
- Comex Silver has a Resistance at 22.40$ with risk apply bove 22.52$
- On Buy side 21.90$ as below that will try touch 21.59$
Range : 70650 - 68500
Our Preference: Sell silver 70600 Target 69000 & 68500 with SL 70900+
Alternative Scenario: Buy Silver 68500 Target 70,000 with SL 68200 below only of sustain