Fundamentals for the Day
6.30 pm FOMC Member Barr speaks
7.30 pm Final Wholesale Inventories m/m
Gold
Range: 58970 - 59465
Our Preference: Buy Gold 58970 target 59317 SL 58860
Alternative Scenario: Sell Gold 59318 target 59000 with SL 59420
Trading Zone
59465 Sell for session SL 70 point
Breakout Sell - 58850 tgt 58670
Silver
Range: 71700 - 73250
Our Preference: Buy Silver 71730+ target 73250 with SL 71350
Alternative Scenario: Sell Silver 73259 target 72250 with SL 73600
Trading Zone
74083 Sell for session
74385 Last Sell for the day