Fundamentals for the Day
7.00 pm Final GDP q/q Unemployment Claims
Philly Fed Manufacturing Index
8.30 pm CB Leading Index m/m
9.00 pm Natural Gas Storage
Gold & Silver is having a disparity where Gold remain flat to down while silver moves up, but it won't sustain much as of now.
Gold
Range: 62600 - 61950
Our Preference: Sell Gold 62600 for target 61950 with SL 62725+
Alternative Scenario: Buy Gold 61950 target 62350 with SL 61820
Silver
Range: 76354 - 73800
Our Preference: Sell Silver 76354 target 74818 & below 74700 target extended 73850 with SL 76700+
Alternative Scenario: Buy Silver 73800 target 74700 with SL 73490
Trading Zone
74820 Buy @ 1st stroke with SL 200 point target 600 point