Fundamentals for the Day
12.30 PM FOMC Meeting Minutes
Gold
Range: 55750 - 56637
Our Preference: Buy Gold 55750+ for target 56240 & 56640 with SL 55600
Alternative Scenario: Sell Gold 56637 with SL 56780+ for target 56240 & 55850
(Above is for Holding Purpose only till week end)
Trading Zone
Buy Gold 56020 SL 55950 target 56240.
Sell Gold 56240 SL 56350 target 56100
Silver
- Silver is unable to move down after crossing 65500.
- As market is trading side ways for since last 3 days.
- Silver has a chance to touch 66910 as it cross 65450+ so.
- Buy Silver 65450+ target 66000 with SL 66190