π§ Fundamentals for the Day
π US & Global Events:
-
πΊπΈ 7:00 PM β FOMC Member Daly Speaks
-
πΊπΈ 8:30 PM β FOMC Member Musalem Speaks
-
πΉ Fed Inflation Expectations due today
ποΈ Holiday Observances:
-
πΊπΈ US β Veterans Day (Markets Open, Banks Partially Closed)
-
π¨π¦ Canada β Remembrance Day (Banks Closed)
-
π«π· France β Armistice Day (Banks Closed)
ποΈ Global Headlines & Market Impact
π° US Senate Majority Leader Thune: βAn agreement is nearly ready.β
π Democrats are preparing to bring bills to end the government shutdown, with 10+ Senators supporting the stopgap plan.
π¬ Trump: βLooks like weβre getting very close to the shutdown ending.β
π§© Market Interpretation:
-
The shutdown nearing an end signals short-term optimism for U.S. markets.
-
However, until the final bill is passed, rumour-based trading keeps bullion volatile on the upside.
-
Once the shutdown officially ends, risk sentiment will improve β investors may rotate out of safe-havens.
π Effect on Bullion:
-
Till the official confirmation, Gold & Silver will stay upward-biased as traders hedge uncertainty.
-
After the deal, bullion will turn downside as the U.S. Dollar and yields stabilize.
-
Gold may complete its technical target near $4133 before cooling off.
πͺ Gold Outlook
Range: βΉ122000 β βΉ124961
π₯ Our Preference:
π Buy Gold βΉ122200+ for target βΉ124500
π Stop Loss: βΉ121800 (apply only if sustain below)
π Alternative Scenario:
π Sell Gold βΉ124961 with SL βΉ125400 for target βΉ122760
π Breakout Buy:
π Buy above βΉ125500+ for target βΉ127900
π‘οΈ Back-up Buy: βΉ124961
β οΈ SL: βΉ125400
π¬ Strictly follow mentioned levels with stop loss. Control your lot size to keep trades profitable under volatile conditions.
β‘ Silver Outlook
Range: βΉ150200 β βΉ155000
π₯ Our Preference:
π Buy Silver βΉ150200+ for target βΉ154960
π‘οΈ Back-up Buy: βΉ149500
π Stop Loss: βΉ149200 below only if sustain
π Alternative Scenario:
π Sell Silver βΉ155000 for target βΉ150400
β οΈ SL: βΉ155800+ (only if sustain)
π Breakout Buy:
π Buy above βΉ156000+ with target βΉ161000
π‘οΈ Back-up Buy: βΉ155000
π SL: βΉ154800 below only if sustain
π¬ Tradeline Capital View
π As long as U.S. political clarity is pending, gold and silver will maintain an upward bias on speculative momentum.
π Once the Senate deal passes and government reopens, bullion could see profit-booking and reversal toward support zones.
Stay disciplined βοΈ, trade within range π―, and follow levels precisely for consistent returns.
π www.tradelinecapital.in
π For Daily Bullion Reports & Premium Signals β Contact Tradeline Capital Team
What’s App +91 7046379799
