Gold & Silver — MCX India | April 27, 2026
🌍 GLOBAL MACRO — TRUMP-IRAN WAR: LATEST DEVELOPMENTS
Trump canceled planned peace talk trip to Islamabad — Iran refuses to negotiate under threat
Strait of Hormuz remains choked — both US & Iran blocking vital global shipping route
Iran threatened buyers of US Treasury bonds — raising systemic global risk
⚡ REAL IMPACT ON BULLION
Bearish: Rate hike fears, dollar strength, central banks selling reserves, industrial demand collapse for silver, peace talk failure creating uncertainty not safe-haven buying.
Bullish Wildcard: Sudden escalation, full Hormuz closure, or systemic shock could trigger short-covering spike — use to sell higher.
Base Case : sell-on-rise strategy works best.
🥇 GOLD FUTURES — MCX Jun 2026
CMP: ₹152,151 | Trend: BEARISH | Range: ₹150,250 – ₹153,400
Our Preference: Sell Gold @ ₹153,150 with SL ₹153,750+ for target Target ₹150,800
(Only if sustains below ₹153,150)
Alternative Scenario: Buy Gold @ ₹150,700 with SL ₹150,200 for Target ₹152,700
(Intraday buy from levels — sell can be held from resistance/breakout)
Trading Zone:
₹150,200 Breakout Sell → Target ₹148,250
(Next gate opens — Buy @ ₹148,250 for bounce)
🥈 SILVER FUTURES — MCX Current Contract
CMP: ₹242,389 | Trend: NEGATIVE |
Range: ₹230,697 – ₹246,500
Our Preference: Sell Silver @ ₹246,500 for Target ₹240,000 & ₹235,000 with SL 248500+ only if sustain
(Below ₹239,000 — instant pressure, momentum accelerates)
Alternative Scenario: Buy Silver @ ₹2,30,697 with SL 227000 for target 240000
(Intraday buy from levels — sell can be held from resistance/breakout)
Trading Zone:
2,35,000 Buy for the session with SL 1000 point
₹243,852 Momentum Sell | SL 1000 points
(Ride the momentum move)
📋 FINAL SUMMARY
Gold next target below 4654$ spot will be 4495$ … which can come sudden, In MCX Gold as of now target us 1,48,000 & Silver 2,30,697.
CONSOLIDATED SUMMARY — TODAY’S CALLS
METAL INTRADAY SHORT TERM MEDIUM TERM TREND BIAS
GOLD (MCX) SELL BEARISH BEARISH DOWN ↓ SELL
SILVER (MCX) SELL NEGATIVE BEARISH DOWN ↓↓ SELL
Disclaimer: For educational purposes only. Not financial advice. Trading involves risk. Consult your financial advisor.
