Fundamentals for the Day
11.30 pm FOMC Meeting Minutes
Gold
Range: 72775 - 71104
Momentum Call: Sell Gold 72258 target 71850 with SL 72358
Our Preference: Sell Gold @ 72775 target 71456 with SL 72900+ only if sustain
Alternative Scenario: Buy Gold 71100 for target 71700 with SL 70900
Trading Zone
71600 Buy for a momentum with SL 100 point
72400+ Buy Stop with SL 100 point
Silver
Range: 86162 - 83555
Our Preference: Sell Silver 86100 with back up sell 86527 for target 83700 with SL 86800+
Trading Zone
84650 Buy with SL 84400 target 85200