Fundamentals for the Day
5.00 pm Challenger Job Cuts Y/Y
6.00 pm Unemployment Claims
7.15 pm Final Service PMI
7.30 pm ISM Service PMI
Factory Orders m/m
FOMC Member Schmid Speaks
8.00 pm Natural Gas Storage
8.10 pm FOMC Member Bostic Speaks
Effect of Israel - War has sustain Gold upper side. Most dramatic point is even after Iran has attack on Israel Gold could not move more than 15$ upside after the news even which is a little fishy
Gold
Range: 76550 - 75150
Our Preference: Sell Gold @ 76500 target 75650 & 75150 with SL 76700
Trading Zone
75800 Buy with SL 100 point
76600+ Buy Breakout or 2685$+ spot gold buy
Silver
Range: 93250 - 90250
Our Preference: Sell Silver 93150 target 90250 with SL 93500+
Alternative Scenario : Buy Silver 90150+ target 91700 with SL 89800
Trading Zone
89700 Breakout Sell for target 87500