Fundamentals for the Day
π 7:00 PM β Unemployment Claims
π 9:00 PM β Natural Gas Storage
π₯ 10:30 PM β FOMC Member Bowman Speaks
π Yesterdayβs Data
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ADP Non-Farm Employment Change: β32K vs 47K expected
β Extremely negative for US Dollar
β Weak labor market increases rate-cut probability, supportive for Gold & Silver
π Next Wednesday β 10th December 2025
π FED Rate Cut Decision + FOMC Statement
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Market already pricing high probability of rate cuts
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Any soft comments = Bullion Up
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Any surprise hawkish comment = Short-term zigzag but broader upside remains
πΊπΈ Major US Political Updates β Market Impact
π Trump: Ultra-Compact Cars Will Be a βTremendousβ Market in the US
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Boost to US manufacturing
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Inflationary effect in medium term
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Not directly bullion-moving, but supports long-term US industrial growth
ποΈ Bessent (White House): May Veto FED Presidents Who Donβt Reside in Their Districts
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White House getting more control over the Federal Reserve
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If Fed independence weakens β Rate cuts become more aggressive
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Gold bullish because:
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Lower rates β weak USD
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Policy uncertainty β safe-haven demand
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π Gold Technical Outlook
- Gold is repeatedly resisting at $4240, made high $4264.70 on 1st Dec but failed to sustain.
A breakout above $4265 = Double Buy confirmation β Target $4332 & $4380 But we believe Gold sell from 4235$ around will touch the target 100$ downside 1st do make your position according with mention Stop loss.
MCX Gold Levels
Range: 131775 β 129355
πΌ Our Preference
π» Sell Gold below 131700
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π― Target: 130350 & 129800
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π SL: 132000+
π Alternative Scenario
πΌ Buy Gold @ 129300
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π― Target: 130500
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π SL: 129000
π― Trading Zone
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π₯ Breakout Buy: 132000+ β Target 133000
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π’ 129810 Buy @ 1st stroke with SL 150 points
π Silver Technical Outlook
Range: 179500 β 185250
πΌ Our Preference
π’ Buy Silver @ 179500
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π SL: 178700
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π― Target: 185250
π Alternative Scenario
π» Sell Silver @ 185250 (Intraday Only)
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π SL: 186000
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π― Target: 182500
π― Trading Zone
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π’ 181700 Buy @ 1st stroke with SL 300 points
β‘ Latest News & Impact on Bullion (Short Summary with Emoji)
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π΄ Weak ADP numbers β USD weak β Gold/Silver bullish
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π Unemployment Claims today β Any higher-than-expected = Bullion upside
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π‘ FOMC Bowman speech tonight β If dovish, strong upside push
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π’ Trump pushing for Fed control (Bessent) β Higher chance of rate cuts β Gold bullish
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π΅ Natural Gas Storage β Indirect impact; volatility spillover supports safe-haven buying
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π£ Market preparing for Fed rate cut next week β Fresh buying expected on dips
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βͺ Gold failing to sustain above $4265 keeps intraday zigzag but structure still upward
