Posted by 
Fundamentals for the Day7.35 PM Treasury Sec Yellen Speaks 8.00 PM Crude Oil Inventories11.30 PM FOMC Meeting Minutes Open Interest of Gold reduce slowly with high volume 4,79,181.Gold Range: 1985$ - 1937$
Our Preference: Sell Gold 1981$ with back up 1986 with SL 1989$+ for target 1956$Alternative Scenario: Buy Gold if cross & sustain 1991$+ for target 2008$ with SL 1986$Silver Range: 23.18$ - 23.86$Our Preference: Sell Silver 23.72$ for target 23.35$ with SL 23.90$+Alternative Scenario: Buy Silver 23.18$+ target 23.66$ with SL 22.90$ only
