Skip to main content
Daily Reports

πŸͺ™ DAILY BULLION REPORT – 21st April 2026

By April 21, 2026No Comments

🚨 HORMUZ CRISIS INTENSIFIES – GOLD UNDER PRESSURE, SILVER STRONG

🌍 ⚑ LAST 20 HOURS – BREAKING WAR UPDATE
First Thing: US military seizes Iran-flagged ship trying to pass strait of Hormuz blockade
Iran has closed Strait of Hormuz completely: What does this mean for India’s crude oil, LPG, LNG supplies?
US-Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns ‘bombs will go off’ & Iran threatens Hormuz; Markets watch nervously

Markets’ Hormuz Hopes Wear Thin

🚨 Key Developments:
US forces seized Iranian-linked ship near Strait β†’ direct escalation
Iran warns: blockade continuation may break ceasefire
Strait disruption impacting ~20% global oil supply flow
Markets turning cautious again as war risk returns

πŸ“ At the
Strait of Hormuz

πŸ‘‰ Situation now:

Not fully closed
Not fully open
Highly unstable zone
🧠 MARKET INTERPRETATION (IMPORTANT)

πŸ‘‰ Current structure:

War escalation signals β†’ Bullish for Gold
But NO full panic β†’ Limits rally
Institutional selling still active

➑️ Net Result:
πŸ”₯ Sell on Rise + Rangebound Volatility

πŸ₯‡ GOLD (COMEX SPOT)
πŸ“Š Trend: Weak (Sell on Rise)
πŸ”» Range: 155000 – 149500
🎯 Our Preference

πŸ‘‰ Sell Gold @ 155000
🎯 Target: 151000 β†’ 149500
πŸ›‘ SL: 155700 (only if sustain)

πŸ”„ Alternative Scenario (Buy on Dip)

πŸ‘‰ Buy Gold @ 151200
πŸ‘‰ Backup Buy: 150700
🎯 Target: 152800
πŸ›‘ SL: 200 points

πŸ“ TRADING ZONE

πŸ”΄ 154200 – First Stroke Sell
🎯 Target: 153400
πŸ›‘ SL: 154480

🧠 Gold Insight

πŸ‘‰ Big players still selling
πŸ‘‰ Upside = weak hands (retail driven)

➑️ Downside pressure intact

πŸ₯ˆ SILVER
πŸ“Š Trend: Stronger than Gold (Upside Bias)
πŸ”» Range: 248000 – 258000
🎯 Our Preference (Buy on Dip)

πŸ‘‰ Buy Silver @ 248000
🎯 Target: 255000 β†’ 258000
πŸ›‘ SL: 246500

πŸ”„ Alternative Scenario (Sell on Rise)

πŸ‘‰ Sell Silver @ 258000
🎯 Target: 249000
πŸ›‘ SL: 261000

πŸ“ TRADING ZONES

πŸ”΄ 255000 – First Stroke Sell

⚠️ 246000 – Breakdown Sell Zone
πŸ‘‰ Target: 242000 (if sustain below)

🧠 Silver Insight

πŸ‘‰ Momentum strong
πŸ‘‰ Holding above support

➑️ Outperforming Gold currently

⚠️ RISK MANAGEMENT
War news = sudden spikes
Fake breakouts very common
Use strict SL
πŸ”₯ FINAL VERDICT

πŸ‘‰ Gold = Weak, Sell on Rise
πŸ‘‰ Silver = Strong, Buy on Dip

➑️ Divergence Market = High Opportunity Zone

πŸ’¬ PRO TRADER LINE

πŸ‘‰ β€œWar creates noise β€” smart money trades structure.”

πŸ“² Tradeline Capital
WhatsApp: +91 7859999534

Leave a Reply

Share