🧾 Fundamentals for the Day
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📉 Gold Spot opened the gate from below $4,040, heading toward $3,751.
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🔻 We are seeing momentum on the sell side in Gold starting from around $4,020.
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⚠️ Lot size risk warning: In volatile zig-zag markets, large lots amplify losses. Be disciplined.
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🧭 For Silver Spot, after breaking $47.50, the focus shifts to the $45.89 – $45.51 support zone (from prior low).
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🔍 Both metals reflect the interplay of inflation, rate expectations and safe-haven flows. Physical Gold+3FocusEconomics+3APMEX+3
🟡 Gold Spot
Range: $4,040 – $3,867
Our Preference:
🔻 Sell Gold at $4,034 (as earlier advised) → Target: $3,867 & possibly $3,751
🛑 Stop-Loss: Only if price sustains above $4,060+
Momentum Cue: Sell side begins from around $4,020
Commentary:
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The break below the $4,040 threshold signals a bearish technical trigger.
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If Gold fails to reclaim above $4,060 quickly, the downside target of $3,867 and then $3,751 becomes viable.
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Keep lot size tight – given zig-zag action expected, assume rapid swings.
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A sustained recovery above $4,060 would invalidate the sell bias and require re-assessment.
⚪ Silver
Range: $45.86 – $49.00
Our Preference:
🔻 Sell Silver at $49.00 → Target: $45.86 with SL $49.25+ (only if price sustains below that)
🟢 Alternative Scenario: Buy Silver at $45.86 → Target: $48.00 with SL $45.40 (only if that support holds)
Commentary:
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Silver has shown breakout risk post the $47.50 level.
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The strong support around $45.51 offers a “second chance” scenario for bulls if weakness continues.
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If price slips below $45.86 decisively, the sell side gains strength.
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47.40$ is a breakout Silver sell position
📊 Quick Summary Table
Metal |
Bias |
Key Entry |
Target |
Stop-Loss |
|---|---|---|---|---|
Gold |
Bearish |
Sell @ $4,034 |
$3,867 / $3,751 |
Above $4,060 |
Silver |
Mixed |
Sell @ $49.00 Alt: Buy @ $45.86 |
Sell target $45.86 Buy target $48.00 |
SL $49.25+ (for sell) SL $45.40 (for buy) |
🧠 Tradeline Insight
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Markets are in a state of heightened vigilance: inflation, monetary policy and safe-haven flows remain determining factors
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For Gold: Despite its long-term bullish case (see headwinds of rate cuts & dollar weakness), the short-term bias here favours a downside trade given your technical levels
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For Silver: While structurally positive (industrial demand + supply deficits) the short-term trigger is still tied to technical confirmation and support holds
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Control risk: Given the zig-zag market comment, use lot size discipline and adhere strictly to stop-losses.
📅 Prepared by Tradeline Capital
🌐 www.tradelinecapital.in | 📞 +91- 7046379799
💬 Stay tuned for the next update as we monitor inflation prints, central-bank commentary and precious metal flows.
