Fundamentals for the Day
No major data from the Day
8.30 pm New Home Sales
- On Friday, Gold has taken a up move above 62268+ for the moment on Friday Night but still it need more power plus reasons to go upside so we prefer still to sell gold on rise only or every bounce.
Range: 62268 - 61750
Our Preference: Sell Gold 62268 target 61900 & 61750 with SL 62400
Alternative Scenario: Buy Gold 61750 target 62100 with SL 61600
Trading Zone
61900 Buy for the Momentum
61400 Breakout Buy till 61750
Silver
Range: 70900 - 69150
Our Preference: Sell Silver 70500 target 69850 & 69200 with SL 70750
Alternative Scenario: Sell Silver 70950 target 70150 & 69500 with SL 71200