Fundamentals for the Day
7.00 pm Import Prices m/m
8.30 pm UoM Consumer Sentiment
UoM Inflation Expectations
Gold
Range: 56200 - 55600
Our Preference: Sell Gold 56200 for target 55660 with SL 56325+ only if sustain
Alternative Scenario: Buy Gold 56350+ for target 57000 & 56650 (for intraday)
Trading Zone
55900 Buy for a momentum
Maintain SL of 70 point only
Silver
Range: 69236 - 67800
Our Preference: Sell Silver 69200 for target 68200 with SL 68100
Alternative Scenario: Buy Silver 67700 with SL 67300 for target 68900
Trading Zone
69667+ Buy Stop
68236 Last sell for the day
67500 Sell Stop target 66900
Keep SL of 150 point for trading Purpose only