Fundamentals for the Day
6.00 pm Good Trade Balance
Prelim Wholesale Inventories m/m
7.30 pm CB Consumer Confidence
JOLTS Job Openings
11.30 pm SNB Chairman Schlegel Speaks (CHF)
Gold
Range: 79000 -7800
Our Preference: Sell Gold 78920 = 2772$ future with SL 2776$+ with SL 79100+ for target 78150
Alternative Scenario: Buy Gold 2776$+ = MCX 79150 for target 79550 with SL 150 point
Silver
Range: 99000 - 95500
Our Preference: Sell Silver @ 98750 with SL 99100 target 97150
Alternative Scenario: Buy Silver 99150+ target 100000 with SL 250 point
Trading Zone
97850 Sell @1st stroke SL 98050 Tgt 97100