Fundamentals for the Day
8.30 pm CB Consumer Confidence
Existing Home Sales
9.00 pm Crude Oil Inventories
10.30 pm Goolsbee Speaks - Important Speech
Positional - we prefer to sell Gold 62600 for target 61500 Risk apply only above 62800+ on Holding basis only
Gold
Range: 62700 - 61950
Our Preference: Sell Gold 62600 target 61950 with SL 62725+
Alternative Scenario: Buy Gold 61950 SL 61820 target 62200
Silver
Range: 75300 - 73350
Our Preference:75100 target 74100 & below 73850 target extend till 73350 with SL 75450+
- Positional Sell Silver 75000 around for target 75350 with risk apply only above 75500+
Trading Zone
74096 Buy or session SL 150 point target 550 point
73800 breakout sell
75500 buy stop
Maintain SL of 200 point