By Tradeline Capital
π Fundamentals for the Day
π’ 8:15 PM (IST)
β’ Flash Manufacturing PMI
β’ Flash Services PMI
π£ 8:30 PM (IST)
β’ Revised UoM Consumer Sentiment
β’ UoM Inflation Expectations
β‘οΈ These data points will influence USD strength and intraday volatility in bullion during the US session.
π Latest Global News Impacting Bullion
π―π΅ Japan Cancels Rate Hike (BOJ Turns Dovish)
Japanβs central bank stepping back from tightening keeps global liquidity supportive, which is structurally bullish for Gold and Silver.
πΊπΈβοΈ Trump Sends Military Forces Toward Iran
Escalation in Middle East tensions has sharply increased geopolitical risk premium, pushing capital toward safe-haven assets.
β‘οΈ War risk + easy monetary stance = strong bullish environment for precious metals
π‘ GOLD β MARKET VIEW (MCX)
π Positional Update
Those who bought Gold @ βΉ1,53,000 (as per earlier report)
β‘οΈ Target modified from βΉ1,70,000 to βΉ1,68,000
π Gold Range
βΉ1,51900 β βΉ1,58,600
β Our Preference
Buy Gold @ βΉ1,55,500
π― Target: βΉ1,58,400
π SL: βΉ1,55,000 below only if sustain
- Downside after breakout above SL
- Buy Gold @ 152000 Last Buy for the Day with SL 151000 target 158000
π Breakout Strategy
β’ Breakout Buy above βΉ1,58,800+
π― Targets: βΉ1,61,400 & βΉ1,65,200
β’ Back-up Buy @ βΉ1,58,300
π SL: βΉ1,57,700 below only if sustain
π Alternative Scenario
β’ Sell Gold @ βΉ1,55,000
π― Target: βΉ1,54,000
π SL: βΉ1,55,500
π― Trading Zone (Jobbing / Intraday)
β’ βΉ1,58,300 β Sell @ 1st stroke
π SL: βΉ1,58,700
π― Jobbing: ~1400 points
β’ βΉ1,63,324 β Sell @ 1st stroke
π SL: 400 points
β’ βΉ1,65,263 β Sell for the Day
π SL: βΉ1,65,700
βͺ SILVER β MARKET VIEW (MCX)
π Silver Range
βΉ3,25,000 β βΉ3,75,558
β Our Preference
Buy Silver @ βΉ3,28,000
β’ Back-up Buy: βΉ3,25,500
π― Targets:
β’ βΉ3,51,000
β’ βΉ3,75,000
π SL: βΉ3,24,500 / βΉ3,24,000
π Alternative Scenario
β’ Sell Silver below βΉ3,23,900
π― Target: βΉ3,16,000
π SL: βΉ3,27,000
π Important Positional Update (Silver)
Many clients are holding positional Silver bought @ βΉ3,05,626
β‘οΈ Target revised from βΉ3,90,000 to βΉ3,75,000 (for now)
β οΈ These are positional targets only, not intraday calls.
π Long-Term Silver Outlook (Physical Holders)
For clients holding physical Silver and asking about booking to the US:
πͺ If funds are not required for the next 1 year,
β‘οΈ We strongly suggest HOLDING
π― Long-term structural target:
π βΉ10,00,000 per 1 KG Silver
This move will come only when global monetary reset + industrial demand + geopolitical stress align fully β not immediately, but the direction remains intact.
β οΈ Risk Disclaimer
Geopolitical headlines and economic data can cause sharp volatility. Always trade with proper stop-loss and risk management.
π’ For Daily Premium Bullion Reports & Positional Guidance
Tradeline Capital
π www.tradelinecapital.in
