📆 U.S. Economic & Political Calendar
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🇺🇸 U.S. Government Shutdown — Day 15, no sign of resolution
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💬 Trump: “We’re in a trade war with China… If we don’t have tariffs, we don’t have national security.”
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⚖️ Tariff Authority case expected to reach Supreme Court
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🏦 Fed’s Beige Book: opens room for further rate cuts → bullish for Gold & Silver
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💸 U.S. Treasury Sec Bessent urges World Bank to end support for China
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📊 Economic forecast: U.S. tariffs hurting Swiss industry; global uncertainty elevated
🪙 Gold (MCX / Local)
Range: 127,250 – 130,500
Our Preference: Buy @ 127,500 + for Target 29,200
→ Backup Buy @ 127,250
→ Risk apply only below 127,100Alternative Scenario: Sell @ 129,500 with SL 129,750 for Target 128,500
📈 Technical Bias: Upside continuation towards $4,350 = 130,500
📉 Break below 127,100 could trigger short-term correction
⚪ Silver (MCX / Local)
Range: 1,62,500 – 1,80,000
Immediate Buy: @ 1,63,000 SL 1,62,700 Target 164,500
Our Preference: Buy @ 1,62,000 (Backup Buy @ 1,60,000) Target 1,80,000 Risk below 1,59,000Any downside sustain max Dip till 1,55,000 as of now which can consider as a bottom as of now till 1,80,000 is touch
🧭 Silver has opened the gate to 1,80,000 / $61 COMEX — momentum strong as industrial demand & safe-haven flows align.
🌍 Market Commentary
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🏛️ 15-Day shutdown continues — data blackout boosts Gold as investors seek safety
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📉 Fed’s Beige Book → rate-cut bias supports precious metals
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⚔️ Trade war narrative re-emerging with Trump’s tariff remarks
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🪙 Silver benefits from solar & EV sector demand; global deficit adds pressure to the upside
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📰 Be alert for Fed speeches and tariff headlines this week
⚠️ Trading Note
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Always use strict stop loss discipline
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Avoid over-leveraging in volatile conditions
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Stay updated with Fed and trade headlines
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