Fundamentals for the Day
2.45 pm FOMC Member William Speaks
6.00 pm Core Durable Good & Durable Goods Orders m/m
6.50 pm FOMC Member Schmid Speaks
7.30 pm Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
11.30 pm FOMC Member Hammack Speaks
Day Light saving Time Shift from Monday market 30 minutes add in Close and open market
XAUUSD – Gold
Range: 4317$ – 4170$
Immediate Sell @ 4292$ SL 9$ for target 4250$
Our Preference: Sell Gold @ 4317$ for target 4240$ with SL 4340$ + only if sustain
Alternative Scenario: Buy Gold @ 4215$ with SL 4200$ target 4300$
Trading Zone
4240$ Buy for session with SL 8$
4215$ Buy with SL 8$
4170$ This can be bottom out of market as of now with SL 4145$ for target 4350$
XAGUSD – Silver
Range: 59.66$ – 65$
Our Preference: Buy Silver @ 62.50$ for target 64$ with SL 62$
Alternative Scenario: Sell Silver @ 61.99$ for target 59.70$ with SL 0.60$ Cents
Trading Zone
64$ Sell @ 1st stroke for jobbing
65$ Sell @ 1st stroke with SL 0.50$
59.66$ Last Buy for the Day
