By Tradeline Capital
🌍 Macro & Political Update
🇺🇸 Trump Latest Statements
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Tariffs will remain in place
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Congressional action not needed on tariffs
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“Tariffs will replace income tax over time”
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Supreme Court ruling described as unfortunate
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Claims $18 trillion in global commitments secured
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Says low interest rates will solve housing crisis
🔎 Market Interpretation
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Strong reaffirmation of executive trade authority
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Trade policy uncertainty continues
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Inflation risk narrative remains active
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Long-term fiscal restructuring rhetoric emerging
👉 Structural backdrop remains supportive for bullion.
🏛 Fundamentals for the Day
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FOMC Speakers: Barkin, Schmid, Musalem
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9:00 PM – Crude Oil Inventories
⚠ Hawkish tone → temporary pressure
⚠ Dovish tone → upside extension
📈 Yesterday Performance Review
🟡 Gold
Low: 158285
Buy mentioned @ 158429
Reaction confirmed
⚪ Silver
Low: 253499
Buy mentioned @ 256078
High: 261700
Structure respected.
Open Interest Gold:
417000 → 426000
OI Up + Volume Up + Price Support
📌 Positional Target 165000 remains intact.
🟡 GOLD Outlook
Range: 161700 – 158500
🔹 Our Preference:
Sell @ 161650
Target: 159318
SL: 162000+ (sustain above)
🔹 Alternative Buy:
Buy @ 159318
SL: 158900
Target: 160500
Breakout Buy as Per COMEX Spot Gold 5255$+ roughly 162
🔹 Trading Zones:
158429 → Last Buy for the Day
158000 → Breakout Sell
162000+ → Breakout Buy
160000 → Jobbing Buy (SL 200 pts till 6 PM)
📌 Positional View:
165000 remains structural target
Zig-Zag move expected before breakout
⚪ SILVER Outlook
Range: 275400 – 255000
🔹 Our Preference:
Sell @ 275400
Target: 262000
SL: 279000+ (sustain above)
🔹 Alternative Buy:
Buy @ 256078
Target: 269000
SL: 251000
🔹 Trading Zones:
261000 → 1st Stroke Buy
270000 → Momentum Sell (SL 800 pts)
🧠 Additional Breaking Context for Bullion
🔥 Trade & Legal Uncertainty Continues
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Corporate lawsuits on tariff refunds rising
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Policy friction between executive & judiciary
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Fiscal implications remain unresolved
🛢 Oil Factor
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If crude inventories draw → inflationary tone → bullion supportive
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If crude drops sharply → temporary pressure possible
📊 Yield Watch
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10Y near lower band recently → supportive for Gold
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Any sharp spike above resistance → temporary pullback risk
📌 Strategic Bias
Gold: Structurally firm, range trading intraday
Silver: Higher volatility, stronger beta play
Market in expansion phase — not consolidation.
Discipline. Lot control. Structure-based trading only.
