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POSITIONAL CALL UPDATE : 1st TGT achieved in NG at 335..And low made 328.40...Book 50% profit and rest hold for next TGT 315....Sell GIVEN at 353...More than 24 point's down till now
TODAY'S DATA
08:00 PM
Manufacturing PMI
08:15 PM
Final Manufacturing PMI
08:30 PM
ISM Manufacturing PMI
ISM Manufacturing Prices
Construction Spending m/m
POSITIONAL CALL : sell NG below 353 SL above 373 TGT 335-315-290-270
Add 1more lot in sell at 365
President Donald Trump on Thursday said that his proposed tariffs on Mexico and Canada will go into effect on March 4, and that China will be charged an additional 10% tariff on the same date.
The sweeping 25% tariffs on imports from Mexico and Canada had been paused on Feb. 3 for one month. But the Trump administration has recently sown confusion about whether they would go back into effect when the delays expired.
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect on March 4.
China, which already faces U.S. tariffs on its products, will be charged an additional 10% tariff on the same date, Trump said in a Truth Social post.
The announcement appeared to contradict a timeline laid out on CNBCâs âSquawk Boxâ by White House National Economic Council director Kevin Hassett.
President Donald Trump on Thursday said that his proposed tariffs on Mexico and Canada will go into effect on March 4, and that China will be charged an additional 10% tariff on the same date.
The sweeping 25% tariffs on imports from Mexico and Canada had been paused on Feb. 3 for one month. But the Trump administration has recently sown confusion about whether they would go back into effect when the delays expired.
In a Truth Social post Thursday morning, Trump clarified that they would.
He claimed that illicit drugs âare still pouring into our Country from Mexico and Canada at very high and unacceptable levels,â despite pledges from both U.S. neighbors to boost their efforts to police their borders.
âWe cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,â Trump wrote.
He also announced that China, which already faces 10% U.S. tariffs on its products, âwill likewise be charged an additional 10% Tariff on that date.â
Trump added, âThe April Second Reciprocal Tariff date will remain in full force and effect.â
Source : CNBC
DATA UPDATE
US Prelim GDP q/q Actual at 2.3% VS Forecast at 2.3%
US Unemployment Claims Actual at 242K VS Forecast at 222K
US Core Durable Goods Orders m/m Actual at 0.0% VS Forecast at 0.2%
US Durable Goods Orders m/m Actual at 3.1% VS Forecast at 2.0%
US Prelim GDP Price Index q/q Actual at 4.2% VS Forecast at 2.2%
Impact of data outcome is Neutral to mildly positive for bullion.
TODAY'S DATA
07:00 PM
Prelim GDP q/q
Unemployment Claims
Core Durable Goods Orders m/m
Durable Goods Orders m/m
Prelim GDP Price Index q/q
08:30 PM
Pending Home Sales m/m
09:00 PM
Natural Gas Storage
All day
G20 Meetings
TODAY'S DATA
08:30 PM
Existing Home Sales
Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
Dear all subscribers of this channel,Our today's all call's hit target's....In gold we provide sell call at 86130 and it hit our final TGT at 85700...Our STBT sell NG call earn more than 40,000 for our clients and few more call's hit target's.....but We not provide call in group only bcoz of low reactions.....If you want more call's than provide more reactions, bcoz our accuracy is more than 80% to 85% and it will benifit for you only....We don't want money from you all,we just want to help,if we not get reactions than we can delete this group in future.
DATA UPDATE
EIA NG INVENTORY
Actual at -196 bcf VS Forecast at -191 bcf
Impact of news outcome is Positive for Natural Gas
DATA UPDATE
US Unemployment Claims Actual at 219K VS Forecast at 215K
US Philly Fed Manufacturing Index Actual at 18.1 VS Forecast at 19.4
Impact of data outcome is mildly positive for bullion.
TODAY'S DATA
07:00 PM
Unemployment Claims
Philly Fed Manufacturing Index
08:30 PM
CB Leading Index m/m
09:00 PM
Natural Gas Storage
10:30 PM
Crude Oil Inventories
DATA UPDATE
US Empire State Manufacturing Index
Actual at 5.7 VS Forecast at -1.9
Impact of data outcome is mildly negative for bullion.
TODAY'S DATA
07:00 PM
Empire State Manufacturing Index
08:30 PM
NAHB Housing Market Index
08:50 PM
FOMC Member Daly Speaks
11:30 PM
FOMC Member Barr Speaks
Risk reward ratio for bullion at this point is not favorable, in gold we have seen rejections from this LTH level and in silver also we witnessed the same from 98000-100000 level .....
Overall trend in bullion is positive but we can not deny a healthy profit booking......We will enter in positional call after confirmation only.
DATA UPDATE
US Core Retail Sales m/m
Actual at -0.4% VS Forecast at 0.3%
US Retail Sales m/m
Actual at-0.9% VS Forecast at -0.2%
Impact of data outcome is Positive for Bullion.
TODAY'S DATA
07:00 PM
Core Retail Sales m/m
Retail Sales m/m
Import Prices m/m
07:45 PM
Capacity Utilization Rate
Industrial Production m/m
08:30 PM
Business Inventories m/m
