Fundamentals for the Day
6.00 pm Unemployment Claims
Current Account
FOMC Member Barkin Speaks
6.20 pm FOMC Member Hammack Speaks
7.30 pm New Home Sales
7.40 pm FOMC Member Paulson Speaks
8.00 pm Natural Gas Storage
US-IRAN Talks are going on – so keep an Eye on the sudden news
Gold-Silver are moving down – Dollar getting stronger which weaker Bullion.
Day wise Trend may remain down side
XAUUSD – Gold
Range: 4240$ – 4320$
Our Preference: Sell Gold @ 4320$ for target 4278$ & below 4270$ target extended 4240$ SL only above 4340$ + if sustain
Alternative Scenario: Buy Gold @ 4220$ with SL 4200$ target 4317$
4170$ is remain again Buy point with SL 4145$ – so If you even buy above point and it cross the SL – then still have to Buy @ immediate next point
Trading Zone
4270$ Breakout sell
4170$ Last Buy for the Day
4320$ Sell @ 1st starts for the Day
XAGUSD – Silver
Range: 62.50$ – 67$
Our Preference: Buy Silver @ 62.50$ for target 66$ with SL 62$ below only if sustain
Alternative Scenario: Buy Silver @ 66.90$ for target 64$ with SL 67.50$ + only if sustain
Trading Zone
65.33$ Sell @ 1st stroke with SL 0.35 Cents
