Fundamentals for the Day
6.00 pm Core PPI m/m
Core Retails Sales m/m
PPI m/m
Retail Sales m/m
Unemployment Claims
6.15 pm ECB Press Conference
7.30 pm Business Inventories m/m
8.00 pm Natural Gas Storage gold
Gold Open Interest Increase by 1,000 arrive @ 4,42,094 with volume 1,69,970
Gold
Range: 58275 - 58870
Our Preference: Buy Gold 58280+ target 58692 with SL 58150
Alternative Scenario: Sell Gold 58692 target 58300 with SL 58820+ only if sustain
Breakout sell 58150 which will open the gate of 57700
Silver
Range: 70500 - 72000
Our Preference: Buy Silver 70500+ target 72000 with SL 70100
Alternative Scenario: Sell Silver 72000 with SL 72350+ target 70900 & 70550
Trading Zone
71450 Sell SL 200 point target 400 point