XAUUSD-XAGUSD Daily Report
Fundamentals for the Day
11.30 AM GBP mix data will declare
06.00 PM USD Core PPI m/m
PPI m/m
Unemployment Claims
06.10 pm FOMC Member Barkin Speaks
10.31 pm 30-Y Bond Auction (Important for the week not for day)
Trump: USA has total control over over the Strait of Hormuz; the IRGC is decimated and fleeing, and their “Leadership” is uncertain, at best –
Effect: Gold can fall any time with sudden move downside only
XAUUSD (Gold)
Range: 4440$ – 4310$
Our Preference: Sell Gold @ 4440$ with SL 4460$ for target 4360$ & 4297$ (Yesterday Call activate)
Alternative Scenario: Buy Gold @ 4297$ with SL 4285 for target 4342$ only
Trading Zone
4324$ Sell start for the Day
4385$ Buy @ 1st stroke with SL 4378$
4375$ Breakout sell for target 4355 & 4332$
Silver (XAGUSD)
Range: 63.18$ – 69$
Our Preference: Buy Silver @ 63.20$ with SL 62.50$ below only if sustain for target 65.50$
Trading Zone
64.90$ Buy for a Momentum with SL 64.70$
