It’s Last Day of Trading today before Christmas, Tomorrow Holiday.
π° Latest Global News Driving Bullion
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π¨π³ China warns of countermeasures if the US continues chip tariffs
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π China says US tariff actions are disrupting global supply chains
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ποΈ Chinese Foreign Ministry rejects suppression tactics and condemns US measures
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π Kevin Hassett: Precious metals are βskyrocketing for good reasonβ
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πΊπΈ Donald Trump:
βI want the new Fed Chairman to lower interest rates if the market is doing well.β
π Conclusion from the news:
π The tariff war is still ON β this time not only from the US, but China & other global players are pushing back.
π₯ Why Gold & Silver Are Rallying
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βοΈ Trade war = supply chain stress
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ποΈ Interest rate cuts are still hanging in the air
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π Real yields expected to fall
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π° Global investors shifting to hard assets
β‘οΈ This combination is perfect fuel for a bullion rally.
π₯ Silver: Structural Bull Run in Progress
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π Massive global demand for physical Silver
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π Industrial + investment demand rising together
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π¦ Physical Silver trading ABOVE MCX & LME futures (rare event)
π Important Observations
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30 Kg physical Silver price crossed MCX futures β 2nd time in 3 months
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Same phenomenon seen on LME β physical spot > futures
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Indicates real supply shortage, not speculation
π― Silver Technical Projection (COMEX)
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Previous High: 49.81$
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Previous Low: 11.64$
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Base formed: 68.90$
π Targets
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π― 76.53$ β Interim halt
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π 88.00$ β Major upside target
π’ We believe this rally will not stop before 88$ unless fundamentals change.
π‘ Gold: New Expansion Zone Opened
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Gold has formed a strong base at 4380$
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Upside zones now activated:
π Major Targets
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π― 4727$
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π 4876$
Gold is now responding more to rate-cut expectations + geopolitical stress than to routine data.
β° Fundamentals for the Day
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π 7:00 PM IST β US Unemployment Claims
Expect volatility around the data.
π Yesterdayβs Accuracy Check
βοΈ Gold buy was mentioned at 136988
βοΈ SL was 136700 (only if sustain)
βοΈ Gold made a low of 136651 and reversed sharply
βοΈ High achieved near 138000
π Gold base price now: 132360
π‘ Gold β Trading Strategy (MCX)
Range: 137240 β 139962
π’ Immediate Buy
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Buy @ 138025
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π― Target: 139962
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π SL: 137700 below only if sustain
π’ Our Preference
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Buy @ 137300
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π― Target: 139962
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π SL: 137000 below only if sustain
π΄ Alternative Scenario
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Sell @ 139962
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π― Target: 137800
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π SL: 140200+ only if sustain
π₯ Silver β Trading Strategy (MCX)
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Bottom Base: 194000Β Upper Bottom: 212000
Range:
216853 β 237700
π’ Our Preference
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Buy @ 221100
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π― Target: 235000
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π SL: 220000 below only if sustain
π΄ Alternative Scenario
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Sell @ 237700
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π― Target: 225000
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π SL: 239000+ only if sustain
π Silver Trading Zone
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πΉ 218980 β Interim Buy
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πΉ 216850 β Last Buy for the Day
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π Maintain minimum 800 points SL
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π Overnight holding allowed in buy positions
π± Important Silver Conversion Note
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π 1$ COMEX Silver β 3145 points in high volume
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Conversion fluctuates between 2750 β 3145
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Current USDINR: 89.74
β οΈ Any sharp movement in USDINR will directly impact Gold & Silver levels in MCX.
π² Need Help or Daily Updates?
π WhatsApp: +91 70463 79799
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Breaking global news
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GoldβSilver trade setups
π Final Word β By Tradeline Capital
βοΈ Tariff wars + Rate cut expectations + Physical demand shock
π One of the strongest bullish environments for Gold & Silver in years
Stay disciplined. Stay with the trend.
β Tradeline Capital
