Fundamentals for the Day
6.00 pm Non Farm Employment Change
Average Hourly Earnings m/m
Unemployment Rate
6.15 pm FOMC Member William Speaks
8.30 pm FOMC Member Waller Speaks
- Expected Non Farm + Unemployment Rate expected data are positive which is negative for Bullion now will see the real data @ 6 pm
Gold
Range: 72258 - 71000
Our Preference: Sell Gold 72250 for target 71150 with SL 72450+ only if sustain
Alternative Scenario: Buy Gold 72480+ for target 72958 with SL 200 point
Trading Zone
71000 Buy Gold SL 70850 target 71500
Silver
Range: 85686 - 83500
Our Preference: Sell Silver 85680 target 83500 with SL 86000+ only if sustain
Alternative Scenario: Buy Silver 83500 for target 84850 with SL 83200