Fundamentals for the Day
6.00 pm Unemployment Claims
FOMC Member Waller Speaks
Revised Non Farm Productivity q/q
Revised Unit Labor Cost q/q
Trade Balance
7.15 pm Final Service PMI
7.30 pm ISM Service PMI
8.00 pm Natural Gas Storage
12.30 am FOMC Member Hammack Speaks
1.25 am FOMC Member Gooslbee Speaks
Tomorrow Friday Non Farm Day
Latest Updates on WAR
Kuwait Air Defences Responding To Missile, Drone Strikes: Kuwaiti Army
Kuwait Says Missile and Drone Attacks Are Part of ‘Iranian Aggression’
Yen Jumps – OIL Pumps up on WAR escalation again – this will cause high inflation which cause Gold upside – GOLD is ready to move 5100$ – Positional Trader will hold their Buy side position 20th Sept – 25th Sept is deadline as of now for this target with base price of 4300$ around
Tomorrow Non Farm Payroll data in this event one pull back can possible but again it’s the Buy Position only no setback.
XAUUSD – Gold
Range: 4320$ – 4572$
Our Preference: Buy Gold @ 4406$ for target 4489$ & 4572$ with SL 4385$ below only if sustain
Alternative Scenario: Buy Gold @ 4347$ for target 4489$ & 4572$ with SL 4327$ below only if sustain
Trading Zone
4489$ Sell @ 1st stroke SL 10$
4572$ Sell for session SL 4585$
XAGUSD – Silver
Range: 64.20$ -69.90$
Our Preference: Buy Silver @ 65.20$ back up buy 64.20$ for target 69.80$ with SL 63.50$
Positional Silver Buy from 65$ around support for target 74.90$
