Fundamentals for the Day
German Prelim CPI
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 & Inflation Expectations
9.50 pm FOMC Member Bostic Speaks
Gold
Range: 95500 - 97200
Our Preference: Buy Gold 95600 target 96800 with SL 200 point below only
Alternative Scenario: Sell Gold @ 97200 with SL 97500 target 96200
Sell breakout below 95300 for target 94700 with SL 100 point
Silver
Range: 96300 - 99000
Our Preference: Buy Silver 96400 target 98500 with SL below 96000 only if sustain
Alternative Scenario: Sell only below 95800 for target 94200 with SL 96300+