🌍 FUNDAMENTAL OVERVIEW
Global bullion markets are navigating a high-stakes geopolitical environment as US-Iran nuclear negotiations dominate sentiment.
Emerging optimism around US-Iran diplomatic talks has drained some geopolitical risk premium from gold, with the firming US dollar eroding safe-haven demand.
However, analysts caution this relief may be short-lived. Iran rejected the US peace proposal and maintained control over the Strait of Hormuz, keeping geopolitical risks elevated and supporting safe-haven demand for gold.
US military officials are briefing President Trump on potential operations against Iran, and Trump stated the US would continue its naval blockade of Iran until a nuclear agreement is reached.
The prolonged Middle East crisis and near-total closure of the Strait of Hormuz continue to raise concerns across global markets.
On the macro side, 94.9% of market participants expect US interest rates to remain unchanged at 3.50–3.75%, limiting aggressive upside but keeping a floor under gold prices.
For Silver, silver is in its sixth consecutive year of structural supply deficits, with industrial demand from solar, electric vehicles, and AI infrastructure remaining robust, providing a strong floor during geopolitical swings.
🟡 GOLD — MCX
Range: 147,500 – 151,700
📌 Our Preference — SELL Gold @ 152,000 for target 148,200 Stop Loss 152,700
📌 Alternative Scenario: Buy Gold @ 148,000 Backup Buy @ 147,500 Stop Loss → 147,300 (sustain below only)
⚠️ Note: Sell is preferred as long as price stays below 152,700. Buy only on first stroke at support — do not average.
⚪ SILVER — MCX
Range: 235,000 – 256,000
📌 Our Preference — Sell Silver @ 254,500 for target 245000 & 240000 with Stop Loss 257,000+ (only if sustained above)
📌 Trading Zone — BUY on Dips
🔵 Zone 1:
Buy @ 245,000 (1st stroke only)
Stop Loss → 243,000
Target → 250,000
🔵 Zone 2:
Buy @ 240,000 (1st stroke only)
Stop Loss → 239,000
Target → 244,000
⚠️ Note: Buy only on first touch of support zones. Do not chase. Silver remains highly volatile due to dual role as industrial and precious metal.
📈 MARKET OUTLOOK
Bullion markets remain in a “sell on rise, buy on dip” mode today. The US-Iran diplomatic optimism is temporarily capping upside, but any breakdown in talks will sharply revive safe-haven buying. J.P. Morgan forecasts gold to average $5,055/oz by Q4 2026, confirming the medium-term bullish structure remains intact.
Trade as per levels. Respect stop losses strictly.
Disclaimer: This report is for educational purposes only. Tradeline Capital is not responsible for any profit or loss. Trade at your own risk.
— Tradeline Capital | Daily Reports. Real Results.
