Reason: BREAKING: supply deficit (silver) | Impact: Bullish bias +2
MCX Gold Aug: 141,210 | MCX Silver Sep: 216,506 | Desk calls today: 5/8 hit
Contract |
Call |
Entry |
T1 |
SL |
Status |
|---|---|---|---|---|---|
MCX SILVER Sep |
SELL SILVER |
223,800 |
216,000 |
225,500 |
T1_HIT |
MCX GOLD Aug |
BUY GOLD |
141,000 |
141,900 |
140,700 |
T1_HIT |
MCX GOLD Aug |
BUY GOLD |
140,100 |
142,700 |
139,600 |
T1_HIT |
MCX GOLD Aug |
SELL GOLD |
142,780 |
140,500 |
143,200 |
SL_HIT |
MCX GOLD Aug |
BUY GOLD |
143,250 |
144,050 |
142,800 |
SL_HIT |
MCX GOLD Aug |
SELL GOLD |
144,050 |
143,000 |
144,500 |
SL_HIT |
MCX SILVER Sep |
SELL SILVER |
224,600 |
218,000 |
229,000 |
T1_HIT |
MCX SILVER Sep |
BUY SILVER |
214,000 |
223,000 |
212,000 |
T1_HIT |
Fundamentals for the Day
7:15pm USD Final Manufacturing PMI
7:30pm USD ISM Manufacturing PMI & Prices
US–Iran: Trump has cancelled the planned strikes — “agreed to cancel the attack, subject to being able to rapidly make a deal” — and talks resume today after Saudi Arabia, UAE and Qatar pressed against military action. Oil sharply lower (Brent ~$84, WTI ~$80). De-escalation is easing inflation/rate-hike fears — mildly supportive for gold intraday, but headline risk is two-sided. Respect stops on both legs.
Gold
Range: 144500 – 141700
Our Preference: Sell Gold @ 144000- 144250 for target 141700 with SL 144800+ only if sustain
Alternative Scenario: Buy Gold @ 141700 for target 143100 with SL 141300
Trading Zone
144800 Breakout Buy target 145750
142425 Buy @ 1st stroke for Jobbing
Silver
Range: 222000 – 212000
Our Preference: Sell Silver @ 220400 with back up 221900 for target 215500 with SL 222800
Alternative Scenario: Buy Silver @ 214800 with back up 213000 SL 212500 target 220500
Ichimoku Engine — Live State
Generated 03 Aug 2026 23:25 IST from live MCX data. COMEX pending data-feed restoration.
MCX GOLD
| TF | Close | Trend | vs Cloud | Cloud | Tenkan/Kijun | Support | Resistance |
|---|---|---|---|---|---|---|---|
| D1 | 141,511.0 | BEARISH (10/10) | BELOW | 148,803.0–152,520.0 | 143,290.0 / 143,935.0 | 139,801.0 | 164,497.0 |
| 4H | data unavailable | ||||||
| 1H | 141,155.0 | BEARISH (10/10) | BELOW | 142,040.0–142,408.25 | 141,386.0 / 141,610.5 | 140,580.0 | 143,400.0 |
| 30M | 141,155.0 | BEARISH (10/10) | BELOW | 141,664.25–142,250.0 | 141,004.0 / 141,386.0 | 140,722.0 | 142,560.0 |
| 15M | 141,155.0 | BEARISH (10/10) | BELOW | 141,551.0–141,803.5 | 141,100.0 / 141,386.0 | 140,722.0 | 142,050.0 |
MCX SILVER
| TF | Close | Trend | vs Cloud | Cloud | Tenkan/Kijun | Support | Resistance |
|---|---|---|---|---|---|---|---|
| D1 | 217,198.0 | BEARISH (10/10) | BELOW | 237,921.25–257,467.0 | 221,705.0 / 225,857.5 | 210,043.0 | 304,891.0 |
| 4H | data unavailable | ||||||
| 1H | 216,637.0 | BEARISH (8/10) | BELOW | 218,237.0–218,529.0 | 216,158.5 / 216,589.5 | 213,780.0 | 220,400.0 |
| 30M | 216,637.0 | BEARISH (8/10) | BELOW | 217,982.0–217,989.75 | 216,135.0 / 216,296.0 | 213,780.0 | 219,399.0 |
| 15M | 216,637.0 | SIDEWAYS (2/10) | BELOW | 217,481.5–218,299.25 | 216,434.5 / 215,965.0 | 213,780.0 | 219,399.0 |
Live Call Board
Market |
TF |
Dir |
Entry |
SL |
Targets |
Since |
Status |
|---|---|---|---|---|---|---|---|
COMEX SILVER |
15M |
BUY |
58.15 |
57.77 |
58.37 / 58.6 / 58.82 |
2026-08-03 09:00 |
ACTIVE |
COMEX GOLD |
15M |
SELL |
4032.77 |
4076.36 |
4024.57 / 4016.36 / 4008.16 |
2026-08-03 20:00 |
ACTIVE |
MCX GOLD |
1H |
SELL |
141665.0 |
142927.32 |
141316.79 / 140968.57 / 140580.0 |
2026-08-03 11:00 |
ACTIVE |
MCX GOLD |
30M |
SELL |
141103.0 |
142692.71 |
140807.86 / 140512.71 / 140217.57 |
2026-08-03 21:30 |
ACTIVE |
COMEX GOLD |
4H |
SELL |
4055.44 |
4104.25 |
4024.68 / 3993.92 / 3963.16 |
2026-08-03 14:00 |
ACTIVE |
COMEX GOLD |
1H |
SELL |
4034.74 |
4096.69 |
4019.91 / 4005.09 / 3990.26 |
2026-08-03 19:00 |
ACTIVE |
MCX GOLD |
15M |
SELL |
140829.0 |
142076.25 |
140593.0 / 140357.0 / 140121.0 |
2026-08-03 20:00 |
ACTIVE |
MCX SILVER |
15M |
BUY |
218336.0 |
217558.04 |
218763.64 / 219191.29 / 219618.93 |
2026-08-03 15:00 |
ACTIVE |
COMEX SILVER |
1H |
SELL |
56.74 |
58.92 |
56.28 / 55.82 / 55.36 |
2026-08-03 19:00 |
ACTIVE |
COMEX SILVER |
30M |
SELL |
57.62 |
58.1 |
57.28 / 56.94 / 56.56 |
2026-08-03 22:30 |
ACTIVE |
Setup Track Record (measured, 143 daily bars)
- KUMO BREAKOUT: 33.3% target-hit over 3 signals, avg -0.47R
- PULLBACK ENTRY: 16.7% target-hit over 6 signals, avg -0.66R
Analysis only. Not investment advice. The engine publishes only when Ichimoku conditions are fully met; silence means no valid setup.
Analysis only. Not investment advice.
Session Log (live updates)
15:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,765 / Silver 218,300)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike expectations, stronger USD, geopolitical relief → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
15:40 IST — BREAKING: supply deficit (silver): Bullish bias +2 (Gold 141,801 / Silver 218,249)
Impact chain: supply deficit, industrial demand (solar/EVs), safe-haven/geopolitical bid → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, stronger dollar, geopolitical easing → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
16:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,850 / Silver 218,220)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, strong USD, geopolitical easing → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
16:40 IST — BREAKING: industrial demand growth (silver): Bullish bias +2 (Gold 141,896 / Silver 217,930)
Impact chain: industrial demand growth, supply deficit, safe-haven/geopolitical bid → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, dollar strength, geopolitical relief → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
17:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,748 / Silver 217,553)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, strong dollar, geopolitical relief → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
17:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 142,050 / Silver 218,008)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, USD strength, geopolitical relief → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
18:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,668 / Silver 216,825)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, USD strength, geopolitical relief reducing safe-haven demand → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
18:35 IST — Europe wrap / US open + event window: Europe session boundary — prices re-anchored, call board refreshed (Gold 141,611 / Silver 214,939)
18:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,402 / Silver 215,113)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, USD strength, technical resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
19:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,000 / Silver 214,254)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, USD strength, gold price struggle → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
19:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,127 / Silver 215,271)
Impact chain: industrial demand, supply deficit, safe-haven/geopolitical → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, dollar strength, geopolitical relief reducing safe-haven demand → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
20:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,100 / Silver 215,352)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
20:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,120 / Silver 216,201)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
21:00 IST — US session update: US session boundary — prices re-anchored, call board refreshed (Gold 141,249 / Silver 215,648)
21:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,150 / Silver 215,818)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, USD strength, gold technical resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
21:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,000 / Silver 216,060)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
22:10 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,150 / Silver 216,446)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, strong dollar, gold price resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
22:40 IST — BREAKING: industrial demand (silver): Bullish bias +2 (Gold 141,240 / Silver 216,448)
Impact chain: industrial demand, supply deficit, solar/EV growth → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, strong dollar pressure, gold price resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
23:10 IST — BREAKING: supply deficit (silver): Bullish bias +2 (Gold 141,000 / Silver 216,801)
Impact chain: supply deficit, industrial demand (solar/EVs), monetary demand → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike risk, strong dollar, gold price resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
23:40 IST — BREAKING: supply deficit (silver): Bullish bias +2 (Gold 141,210 / Silver 216,506)
Impact chain: supply deficit, industrial demand (solar/EVs), monetary demand → Silver UP bias → Gold sympathetic → USD pressure → MCX follows higher (rupee adjusts) → Plan: buy dips to support, honour SL
Impact chain: Fed rate hike fears, dollar strength, gold price resistance → Gold DOWN bias → Silver sympathetic → USD likely bid → MCX follows lower (rupee adjusts) → Plan: sell rallies to resistance, honour SL
