π Global Fundamentals for the Weekend
Even though the market stays closed on SaturdayβSunday, the weekend announcements, geopolitical cues, and Fed commentary build the base for Monday volatility. This weekend is crucial due to upcoming U.S. events and global uncertainty.
π Needful Weekend Announcements & Their Impact
π 1οΈβ£ CAD CPI (Monday 7:00 PM)
-
Higher inflation = CAD strengthens
-
Gold may see mild downside due to risk-off & USD support
-
Lower inflation = Gold can get upside push as USD weakens
π‘ Impact: Watch Gold between 122500β123200 zone for reaction.
π 2οΈβ£ FOMC Member Speeches β Williams (7:30 PM) & Jefferson (8:00 PM)
These two are core Fed policymakers β Any hawkish tone =
π» Pressure on Gold & Silver
Any dovish tone =
π Upside opportunity for Gold & Silver
Likely remarks:
-
Rate cut expectations
-
Inflation progress
-
U.S. Government shutdown impact on economy
-
Slowdown indicators
π‘ Impact: Monday opening could be volatile with gap-up/gap-down possibilities.
π 3οΈβ£ Weekend Geopolitical Pressure
-
U.S. Governmentβs inability to manage shutdown risks keeps safe-haven demand active
-
Middle East tensions still alive β mild support to precious metals
-
Strong physical buying from Asia (ChinaβIndia) keeps downside limited
π’ Impact: Supports buying on dips.
π 4οΈβ£ U.S. Economic Data Shutdown Issues
-
Some U.S. data still delayed
-
Traders rely more on Fed comments β higher volatility
πͺοΈ Impact: Monday movement may show zigzag until clear guidance emerges.
π‘ Gold Market Outlook
Range: 123650 β 121800
β Our Preference:
π» Sell Gold @ 123640
π― Target: 122000
π SL: 123900+ (Only if sustain)
π Alternative Scenario:
π» Sell Gold @ 124870
π― Target: 122800
π SL: 125200+ (Only if sustain)
π― Trading Zone
π₯ 123950+ Buy Breakout
-
Target: 124700
-
SL: 150 points below only
π’ 121800 Buy for the Day
-
Target: 123000
-
SL: 121600 below only if sustain
βͺ Silver Market Outlook
Range: 159500 β 152400
β Our Preference:
π» Sell Silver @ 157100
π― Target: 153000
π SL: 157700+ (Only if sustain)
π Alternative Scenario:
π» Sell Silver @ 159700
π― Target: 153000
π SL: 160400+ (Only if sustain)
π’ Downside Buy Position
-
152600 Buy
-
SL: 151900
-
π» Breakout Sell
-
151800 Sell Breakout
-
Target: 147260
-
π Weekend Summary β What to Expect Monday?
β οΈ Volatility is guaranteed
Because:
-
Fed speeches
-
CPI data
-
Shutdown delays
-
Light weekend liquidity
-
Geopolitical support
π₯ Bullion Reaction
-
Gold β Zigzag but likely supports on dips
-
Silver β High volatility; deeper dips can come if Fed goes hawkish
By
Tradeline Capital
+91 7046379799 (What’s App )
