By Tradeline Capital
Gold is also being shaped by macro positioning ahead of key U.S. data and central-bank decisions this week.
Fundamentals for the Day
5:45 PM IST
ADP Employment Change
7:30 PM IST
Pending Home Sales m/m
A fresh geopolitical headline also came from Ireland, where Prime Minister Micheál Martin said Iran cannot be allowed to obtain nuclear weapons, reflecting continued hardening of international rhetoric around the conflict. That keeps the war premium alive in commodities and currencies.
Market Commentary
Oil disruption through Hormuz is still one of the biggest background drivers for inflation expectations, but the gold market is not reacting with panic buying. Instead, traders are balancing three forces:
war-related safe-haven demand,
elevated oil prices and inflation risk,
and the effect of yields/dollar strength on bullion.
For now, the structure still favors a sell-on-rise approach in gold, unless price breaks and sustains above the stronger resistance zones. Silver also remains under pressure with a negative zigzag pattern, meaning rallies are still being viewed mainly as selling opportunities.
🪙 Gold
Range: 158730 – 153475
Our Preference:
Sell Gold @ 157520
Target: 155300
If price breaks and sustains below 154900, extended target: 153475
Stop Loss: 157900+ only if sustain
Alternative Scenario:
Sell Gold @ 158730
Backup Sell @ 159200
Target: 155500
SL: 159400
Trading Zone
155300 Buy with SL 154900
154900 Breakout Sell only on sustaining move below
153475 Last Buy for the Day
🥈 Silver
Trend: Negative with Zigzag Pattern
Strategy: Sell on rise
Range: 263162 – 248000
Our Preference:
Sell Silver @ 263400
Target: 252000
SL: 265500+ only if sustain
Alternative Scenario:
Buy Silver @ 248000
Target: 258000
SL: 245500 below only if sustain
Trading Zone
245000 Breakout Sell
Target: 234000
265500+ Breakout Buy
Target: 269862
Tradeline Capital View
The weekend war headlines keep the energy market tight and the geopolitical premium alive, but gold is still trading more like a market caught between safe-haven support and macro pressure. As long as yields, dollar strength, and event-risk positioning dominate, bullion may continue to move in a volatile but technical manner rather than in a straight geopolitical surge.
⚠️ Disclaimer: This report is for information only. Trade with strict risk management and use mini lots if the structure is not fully clear.
📩 For further assistance, connect on WhatsApp:
https://wa.me/917046379799
