Fundamentals for the Day
6.00 pm Advance GDP q/q
Unemployment Claims
Advance GDP Price Index q/q
Core Durable Goods Orders m/m
Durable Goods Orders m/m
8.00 pm Natural Gas Storage
8.30 pm ECB President Lagarde Speaks
- China has reduce interest today morning effect comes to sell in Gold & Silver as well as this sell will apply for next 1 month also which is more dangerous & good downfall.
- Gold has open the Gate of 65000, Silver ha open the gate of 76000
- Gold & Silver is trading in open sell condition right now.
Gold
Range: 68505 - 67121
Our Preference: Sell Gold 68100 with SL 150 point target 67125
Alternative Scenario: Sell Gold 68500 target 67150 & 65000 with SL 68800+ only if sustain
Silver
Range: 83500 - 76000
Positional trader can sell at current price 81200