Fundamentals for the Day
6.00 pm Advance GDP q/q
Unemployment Claims
Advanced GDP price Index q/q
Goods Trade Balance
Prelim Wholesale Inventories
7.30 pm Pending Home Sales m/m
8.00 pm Natural Gas Storage
Gold
Range: 71768 - 70200
Our Preference: Sell Gold 71200 with back up sell 71340 for target 70700 & 70300 with SL 71400+ only if sustain
Alternative Scenario: Sell Gold 71768 with SL 71900 for target 70750 & 70200
Gold has no major upside bull run its only jumping japak moves which goes with sell on all jump.
Trading Zone
71400 Buy stop SL 100 point for target 71576
Silver
Range: 81393 - 78313
Our Preference: Sell Silver 81393 for target 79500 with SL 81700+