Fundamentals for the Day
02.30 am Treasury Currency Report
03.45 pm FOMC Member Cook Speaks
07.45 pm Fed Chair Powell Speaks
08.30 pm Final Wholesale Inventories
11.31 pm 10-Y Bond Auction
- This contract of Gold positional may touch around 59000.
- As Gold has no where to go up anymore apart from jumping japak
Gold
Range: 60550 - 60000
Our Preference: Sell Gold 60550 target 60150 with sl 60701
Alternative Scenario: Buy Gold 60150 target 60550 with SL 60050
Break out sell 59900 will open the gate of 58900
Silver
- Silver may touch 68045 around in this contract
Range: 71000 - 69500
Our Preference: Sell Silver 70800 target 69640 with SL 71200+
Alternative Scenario: 69600 buy target 70500 with SL 69200
Breakout sell 69200 for target open 68100