⚑ Latest Global News Impact
🇺🇸 Trump–Iran Situation
US continues pressure on Iran through naval dominance and sanctions strategy.
Iran again warned that any aggressive military expansion in the Strait of Hormuz can trigger escalation.
Peace-talk discussions are still active through mediators, but no final agreement yet.
Market remains highly sensitive to any Trump or Iran statement.
🇨🇳 China & Silver Demand
China industrial demand remains strong for Silver because of:
Industrial metal accumulation
China continues physical silver buying on dips which is supporting downside levels globally.
⚑ Dollar & Rupee Effect
USDINR trading near 95.95
Strong Dollar + weak Rupee keeping MCX prices elevated even when COMEX remains under pressure.
MCX traders must now track:
✔ COMEX
✔ USDINR
✔ War headlines simultaneously
Trend of Gold Downside only-
Gold (MCX) USDINR: 95.95
Range: ₹164250 – ₹158000
Our Preference: Sell Gold @ ₹163200 for 🎯 Target: ₹160900 & ₹159500 with 🛑 SL: ₹163750+ only if sustain
Alternative Scenario: Sell Gold @ ₹164250 🎯 Target: ₹161000 & ₹159500 🛑 SL: ₹164850+ only if sustain
Trading Zone
₹161000 ✅ Buy @ 1st stroke 🛑 SL: 300 points
₹159500 ✅ Strong Buy @ 1st stroke 🛑 SL: 200 points
Gold Market View
Gold is still under pressure globally due to:
✔ Strong USD
✔ Institutional selling
✔ Profit booking after war premium rallies
But MCX downside remains limited because:
✔ USDINR remains strong
✔ Import duty structure supports Indian prices
Peace talk headlines may create temporary upside spikes, but market still remains in:
Sell-on-rise structure.
Silver (MCX)
Range: ₹305700 – ₹282000
Our Preference: Sell Silver @ ₹305000 with back-up Sell @ ₹309000 🎯 Target: ₹294000 & ₹283000
🛑 SL: ₹309500+ only if sustain
Alternative Scenario: Buy Silver @ ₹283000 🎯 Target: ₹294000 🛑 SL: ₹280000
Trading Zone
₹311000+ Breakout Buy open the gate for ₹330000
292000 Momentum Buy
COMEX Silver Outlook
COMEX Spot Silver: 91.20$ = Strong Sell Zone
Sell with proper risk management and back-up sell positions.
⚠ Important:
While trading MCX Silver, keep strict eye on:
USDINR movement
China industrial demand
COMEX volatility
because Rupee weakness can completely change MCX structure even if COMEX corrects.
⚑ Ghost Market View
Gold remains rangebound with downside pressure.
Silver remains more volatile than Gold.
China physical Silver demand still acting as support.
Any sudden Trump-Iran escalation headline can create sharp intraday volatility.
Current Market Structure:
✔ Gold = Sell on Rise
✔ Silver = Volatile Sell with Breakout Risk
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Disclaimer
This report is only for educational and informational purposes. Commodity trading involves substantial market risk. Please trade according to your financial capacity and risk management
