By Tradeline Capital | October 1, 2025
π Fundamentals for the Day (IST)
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π 5:45 pm β ADP Non-Farm Employment Change
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π 7:15 pm β ISM Manufacturing PMI & Prices; Construction Spending m/m
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π 8:00 pm β Crude Oil Inventories
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π€ 9:45 pm β FOMC Member Barkin Speaks
π Itβs Non-Farm Payroll (NFP) week, markets are expected to remain highly volatile ahead of Fridayβs U.S. jobs data release.
π‘ Gold Market Outlook
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π Range: 117,000 β 120,450
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β Our Preference: Buy 117,050 β Target 117,700 & 118,965 | SL 116,900
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π Alternative Scenario: Buy 116,162 β Target 117,700 & 118,965 | SL 115,800 (sustain below only)
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β‘ Commentary: Gold has opened the gate to 120,450, building on the base price of 115,550.
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π― Trading Zone: Buy @ 116,640 (1st stroke) | SL 116,500
βͺ Silver Market Outlook
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π Range: 142,000 β 150,600
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β Our Preference: Buy 142,500 β Target 146,500 & 150,600 | Backup Buy 141,000
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β‘ Commentary: Silver is trading undervalued with a big upside target.
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Support holds till 134,000 (bottom price).
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Below 140,000, value-based accumulation expected to sustain.
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ποΈ Trump Market Commentary β Highlights
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πΊπΈ Trump reiterated β100% tariff on foreign filmsβ, shaking entertainment & media stocks.
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π He declared wood & lumber tariffs (max 15%) starting Oct 14 β negative for global trade sentiment.
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ποΈ On geopolitics, Trump claimed Gaza peace deal is near, fueling optimism in Middle East markets.
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π Market Effect:
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Negative for Nifty / Indian production houses listed in markets.
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Adds safe-haven premium for Gold & Silver amid tariff/trade uncertainties.
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π Summary
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β Gold: Momentum bullish, eyeing 120,450 with support at 116,500β115,800.
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β Silver: Undervalued, holding strong base at 134,000 with upside targets up to 150,600.
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π Macro Events (ADP, ISM, Oil, FOMC speeches) + Trump Tariff Announcements to keep volatility high.
π² Stay updated with Tradeline Capital for daily Gold, Silver & Market Insights.
