By Tradeline Capital
🔑 Fundamentals for the Day (IST)
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🕖 7:15 pm – FOMC Member Williams Speaks
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🕢 7:30 pm – FOMC Member Musalem Speaks
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🕤 9:30 pm – FOMC Members Barkin, Miran & Hammack Speak
⚡ It’s a Speech Day by multiple FOMC members → Expect volatility in bullion!
🟡 Gold Market Commentary
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Trump clarified on Truth Social: “Gold will not be tariffed!” – calming bullion traders after tariff rumors shook the market. ✅
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This supports bullish momentum in gold, with safe-haven demand still intact.
Range: 110,032 – 111,654
Our Preference:
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🔹 Buy Gold @ 110,073 → 🎯 Targets: 111,258 & 111,654 | SL: 109,850 (sustain basis)
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🔹 Backup Buy: 109,640 → 🎯 Target: 111,258 | SL: 109,440 (sustain basis)
Trading Zone:
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🟢 Buy Start: 110,359 (for the day)
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🔴 Sell: 111,654 for momentum | 🎯 111,258 | SL: 150 pts
⚪ Silver Market Commentary
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Silver continues its bullish momentum toward ₹1,40,000.
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Positional traders should stay Buy-side only.
Range: 130,500 – 140,000
Day Range: 130,500 – 135,470
Our Preference:
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🔹 Buy @ 131,278 → Targets: 133,964 & 135,470 | SL: 130,600
Trading Zone:
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🟢 Buy Start @ 131,964 for target → 133,964
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🔴 Sell @ 133,964 (1st stroke) → 800 pts | Risk: 200 pts
📌 Quick Take
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✅ Trump’s assurance removes tariff risk → Bullion sentiment strengthened.
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🟡 Gold supported above 110,000 with room to test 111,654.
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⚪ Silver bullish momentum continues, eyeing 135,500+.
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🎤 Multiple FOMC speeches = High Volatility Alert.
✍️ By Tradeline Capital
🌐 www.tradelinecapital.in
