Fundamentals for the Day
7.00 pm Prelim GDP q/q
Unemployment Claims
Core Durable Goods Order m/m
7.45 pm FOMC Member Schmid Speaks
8.30 pm Pending Home Sales m/m
FOMC Member Barr Speaks
9.00 pm Natural Gas Storage
10.15 pm FOMC Member Bowman Speaks
11.45 pm FOMC Member Hammack Speaks
Gold
Positional Trader will follow our earlier suggestion which have given in our prior report
Range: 84900 - 86084
Our Preference: Buy Gold 84900 target 85750 with SL 84700
Alternative Scenario: Sell Gold 86080 with SL 86300 target 85300
Trading Zone
85750 sell @1st stroke with SL 120 point
Silver
Range: 95000 - 97300
Our Preference: Buy Silver 95500 with target 97200 with SL 95000
Alternative Scenario: Sell Silver 98140 target 95500 SL 300 point
Trading Zone
97200 Sell with SL 250 point