π° Top Market News & Impact
π·πΊ Putin: βReady For Warβ Against Europe
Russia warns it is ready for military confrontation if Europe continues attacks on Russian energy tankers.
Effect π‘: Geopolitical tension = Safe-haven demand rises, pushing Gold & Silver Up.
πΊπΈ Trump: Kevin Hassett a βPotential Fed Chairβ
Trump hints at replacing Jerome Powell again.
Effect π‘: Markets price-in policy uncertainty, favouring upside in Gold.
π Rate Cut Rumours Rise Again
Recent speeches + weak economic patches boost expectations of a Fed rate cut cycle.
Effect π‘: Lower rates = Gold Bullish, Silver follows.
π Fundamentals for the Day
β° 6.45 PM β ADP Non-Farm Employment Change
β° 8.15 PM β Final Services PMI
β° 8.30 PM β ISM Services PMI
Weak U.S. job data + soft PMI numbers will strengthen rate cut expectations β Upside continuation in Bullion.
π‘ GOLD (5th Feb 2026)
Range: 129355 β 131775
π Our Preference:
Buy Gold @ 129350
π― Targets: 131700
π‘οΈ SL: Below 129000 only if sustain
π Alternative Scenario:
Sell Gold @ 131775
π― Target: 130500
π‘οΈ SL: Above 132000+
π Breakout Buy Levels:
-
Above 132100 β Target 132870
-
Above 133000 β Next Target 134000
βͺ SILVER (5th March 2026)
Range: 179570 β 188475
Immediate Buy Silver apply from 181700 with SL 700 point
π Our Preference:
Buy Silver @ 179570+
π― Targets: 185250 & 188475
π‘οΈ SL: Below 178800
π Alternative Scenario:
Sell Silver below 178500
π― Target: 174500
π‘οΈ SL: 700 points
β Strong Weekly Buy Zone:
174570
π‘οΈ SL: 173000
π― Target: 185000
π Summary
Safe-haven flow + rate cut expectations + geopolitical tension =
π Gold & Silver remain strongly bullish on dips
π Intraday volatility expected during ADP & PMI data
π Watch 132100 on Gold & 179570 on Silver for expansion moves
