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Daily Bullion Report for the Day of 23rd Feb 2026 – Trump Considers Targeted Strike Against Iran, Followed By Larger Attack

By February 23, 2026No Comments

Geopolitical Escalation + Global Tariff Hike Fuel Safe-Haven Demand

By Tradeline Capital


๐ŸŒ Morning Geopolitical Update

๐Ÿšจ Middle East Risk Escalates

โ€ข Trump Considers Targeted Strike Against Iran โ€“ NYT
โ€ข Larger Military Option Also Under Review
โ€ข Trump Open to Deposing Ayatollah if Iran Remains Stubborn โ€“ NYT

This shifts risk from โ€œtensionโ€ to possible direct military action.

If confirmed:

โœ” Oil spike risk
โœ” USD volatility
โœ” Immediate safe-haven demand
โœ” Global equity pressure


๐ŸŒŽ Trade War Escalation

Trump Announces:

โ€ข Global Tariffs raised to 15% from 10%
โ€ข Effective Immediately
โ€ข More โ€œlegally structuredโ€ tariffs coming soon

This adds:

โœ” Inflation pressure
โœ” Trade retaliation risk
โœ” Policy uncertainty


๐Ÿฎ China Holiday โ€“ Last Day

With China closed:

โ€ข Liquidity thinner
โ€ข COMEX & Western desks driving movement
โ€ข Volatility may expand on reopening


๐Ÿ“Š Gold Analysis

๐Ÿ”Ž Open Interest Signal

Friday Gold OI increased from:

409,000 โ†’ 424,000

๐Ÿ“ˆ OI Up + Price Up = Fresh Long Build-Up

This confirms:

โ€ข Market positioning for geopolitical risk
โ€ข Iran strike premium
โ€ข Tariff-driven inflation hedge


๐Ÿงฒ Technical Structure

Gold moved from:

159200 โ†’ 162000
($5242 target zone)

Momentum remains bullish while above support.


๐Ÿ”ถ Gold Trading Plan

๐Ÿ“Œ Range:

157639 โ€“ 162000


๐ŸŸขOur Prefe Buy Zone

โœ” Buy Gold 159112+
Target: 161700
SL: 158500 (only if sustain below)


๐ŸŸข Alternative Buy Scenario

Buy @ 157639
Target: 161700
SL: 157200 (only if sustain below)


๐Ÿ”ด Trading Zone

161700 โ†’ Last Intraday Sell
SL: 500+ points

162400 โ†’ Breakout Buy
Target: 165000


โšช Silver Analysis

Silver responding to:

โ€ข Trade escalation
โ€ข Industrial inflation
โ€ข Safe-haven momentum


๐Ÿ“Œ Range:

256076 โ€“ 284000


๐ŸŸข Positional Strategy

Buy at CMP ~ 265000 with back up required
Target: 284000


๐ŸŸข Our Preference

Buy 262450+
Target 270000 & 284000
SL 259000 (only if sustain below)


๐ŸŸข Alternative Buy

Buy @ 256076
Target 269000 & 284000
SL 252000 (only if sustain below)


๐Ÿ”ด Sell Zone

Sell @ 284000
Target 256000
SL 288000


๐Ÿง  Strategic Interpretation

This is not normal volatility.

We now have:

โš  Possible U.S.โ€“Iran Military Conflict
โš  Global Tariff Escalation
โš  Inflation Pressure
โš  Institutional Uncertainty

This combination historically supports Gold.

OI confirms accumulation phase.


๐Ÿงฒ Conclusion

Bias: Buy on Dips
Control Lot Size
Expect Headline-Driven Spikes

Stay updated โ€” any confirmed strike announcement will immediately impact bullion.


๐Ÿ“ Tradeline Capital
Global Bullion Intelligence
What’s App +91-7859999534

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