Global Market Fundamentals
Non-Farm Payroll Day — Major Market Trigger
Markets will closely watch whether the US economy is slowing enough for the Federal Reserve to eventually shift toward rate cuts.
Fundamentals for the Day
6:00 PM Average Hourly Earnings m/m
Non-Farm Employment Change (NFP)
Unemployment Rate
7:30 PM Preliminary Consumer Sentiment
Preliminary UoM Inflation Expectations
War & Geopolitical Update
US–Iran Conflict Situation
Iran’s revised peace proposal remains under review.
US naval presence near the Strait of Hormuz continues.
Energy markets remain sensitive to any escalation headlines.
Ceasefire confirmation
Oil supply disruptions
Further military movements
Gold (COMEX Spot Gold)
Range: $4,774 – $4,580
MCX: ₹1,54,600 – ₹1,50,700
Our Preference: Sell Gold @ ₹1,54,500 for target ₹1,50,700 with Stop Loss ₹1,55,200+ only if sustained
➡️ Suitable for holding positions as well.
Alternative Scenario: Buy Gold @ ₹1,50,700 for target ₹1,52,500 with stop loss ₹1,50,200 ( For Day only)
Intraday Trading Zones
₹1,53,550 Sell @ 1st stroke SL: 350 points Target: ₹1,52,500
₹1,52,300 Buy @ 1st stroke SL: 300 points Target: ₹1,53,000
⚠️ Buy setup valid only till 6 PM IST before NFP release.
Breakout Confirmation: Fresh bullish momentum only above ₹1,55,500 sustained.
Silver
Range: ₹2,71,000 – ₹2,49,000
Session Buy for Day: Buy Above ₹2,58,500 with ₹2,57,200 for target ₹2,64,000 & ₹2,68,000
Our Preference: Sell Silver @ ₹2,70,000 with Backup Sell ₹2,72,500 for ₹2,50,000 with Stop Loss Above ₹2,74,500 sustained
➡️ Suitable for next week holding positions.
Silver Trading Zone
Breakout Sell :₹2,56,000 breakdown Target: ₹2,50,000 SL: 1,500 points
Market Sentiment
Current Bias
Gold: Sell on rise unless weak NFP triggers USD weakness
Silver: Volatile but structurally supported by industrial demand
USD & Yields remain key drivers today
Important Note for Traders
NFP days typically create:
Sudden spikes
Fake breakouts
Wide spreads
High volatility within seconds
Risk management and disciplined stop losses are essential.
Disclaimer
This report is for educational and informational purposes only. Commodity trading involves substantial financial risk. All trading decisions should be taken at your own discretion or after consulting a qualified financial advisor. We are not responsible for any trading losses arising from the use of this report.
