🔴 Market Overview
Gold failed to sustain above $4800 — clear rejection zone
Post ceasefire, no strong upside continuation seen
Market sentiment: Wait & Watch for Longs
Current structure: Range-bound with downside bias
👉 Key Insight:
$4777–4800 remains strong resistance zone for 1st target $4630
April likely to stay range-bound, not trending
📊 Gold (MCX)
Range: 153700 – 149500
Trend: Bearish to Range-Bound
Strategy: Sell on Rise
153000 Sell start for the Day
🔻 Our Preference: Sell Gold @ 153700 for 151000 & 149500 , SL 154000+ only if sustain
🔄 Alternative Scenario: Buy Gold @ 149500 for target 151000 & 152000 with 149000 below only if sustain
🧠 Positional View
Gold has not closed above $4800 convincingly
Recent move = touch & rejection (fake breakout)
Even after ceasefire, no bullish follow-through
👉 Conclusion:
Investors are not ready to build longs yet
Probability:
70% downside / range movement
Not a trending market
⚠️ Risk Management Insight
April = Range-bound month
Avoid heavy lot exposure
👉 Suggested approach:
If trading 1 lot → use 3 mini
If trading 3 lot → use 7 mini
✔ Reduces psychological pressure
✔ Improves execution discipline
⚪ Silver (MCX)
Range: 248000 – 223500
Trend: Bearish
🔻 Momentum Trade Sell @ 243500 SL: 244500 Target: 238000
🔻 Our Preference: Sell Silver @ 247000 for target: 235000 & 223500 with 251000
⚡ Trading Zone
235000 Buy @ 1st stroke
🧾 Final Summary
Gold rejected 4800$ zone strongly
Market lacks bullish conviction
Structure remains range-bound with downside pressure
💬 One-Line View
👉 “Gold remains capped below $4800 — sell on rise continues as market trades range-bound with bearish bias.”
