- U.S. government tells federal employees a shutdown may be imminent
- Deadline for the payment is on 30th Sept 2023
- This would effect on Monday Opening market
Fundamentals for the Day
6.00 pm Core PCE price Index m/m
Goods Trade Balance
Personal Income & Spending m/m
Prelim Wholesale Inventories m/m
7.15 pm Chicago PMI
7.30 pm Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
Gold
Range: 57750 - 58400
Our Preference: Buy Gold 57750+ target 58300 with SL 57600
Alternative Scenario: Sell Gold 58400 target 58150 with SL 58525+
Silver
Range: 71150 - 72665
Our Preference: Buy Silver 71300+ target 72665 with SL 71000 below only
Alternative Scenario: Sell Silver 72665 tgt 71500 with SL 73000+