π Global Market Cues
* Pakistan to host USβIran talks in coming days as tensions remain high.
* European markets closed lower, all major indices in red.
* Brent oil rising and heading for strong monthly surge amid Iran tensions.
* Gold & Silver declined due to stronger Dollar and geopolitical uncertainty.
* GIFT Nifty lower, indicating a gap-down start for Indian market.
* US Futures sliding ahead of holiday-shortened week.
* Dow dropped ~800 points, S&P 500 posted 5th straight losing week.
* Trump says Iran may allow oil tankers through Strait of Hormuz.
* Pakistan to host USβIran talks in coming days as tensions remain high.
* European markets closed lower, all major indices in red.
* Brent oil rising and heading for strong monthly surge amid Iran tensions.
* Gold & Silver declined due to stronger Dollar and geopolitical uncertainty.
* GIFT Nifty lower, indicating a gap-down start for Indian market.
* US Futures sliding ahead of holiday-shortened week.
* Dow dropped ~800 points, S&P 500 posted 5th straight losing week.
* Trump says Iran may allow oil tankers through Strait of Hormuz.
XAUUSD (Gold) β 1H Market Analysis
Gold is currently recovering after a strong sell-off, but still trading below a major resistance zone.
Levels to Watch:
* Resistance: 4525 β 4575
* Current Zone: 4500
* Support: 4420
* Major Support: 4300
Outlook :
* If gold rejects from 4525β4575, market can fall again.
* If gold breaks above 4575, then we may see strong upside move.
Gold recently fell due to strong dollar and rising yields, so rallies may be temporary.
Gold is currently recovering after a strong sell-off, but still trading below a major resistance zone.
Levels to Watch:
* Resistance: 4525 β 4575
* Current Zone: 4500
* Support: 4420
* Major Support: 4300
Outlook :
* If gold rejects from 4525β4575, market can fall again.
* If gold breaks above 4575, then we may see strong upside move.
Gold recently fell due to strong dollar and rising yields, so rallies may be temporary.
EURUSD β 1H Market Analysis
EURUSD is currently trading in a short-term range after a strong sell move. Price reacted from 1.1490 support and now trading around 1.1510β1.1550 zone.
Levels to Watch:
* Resistance: 1.1530 β 1.1580
* Support: 1.1490
* Breakdown Level: Below 1.1490 β More downside
Outlook:
* If price rejects from 1.1530β1.1580, we can see sell continuation.
* If price breaks above 1.1580, then short-term bullish move possible.
Overall bias remains slightly bearish because USD is strong.
EURUSD is currently trading in a short-term range after a strong sell move. Price reacted from 1.1490 support and now trading around 1.1510β1.1550 zone.
Levels to Watch:
* Resistance: 1.1530 β 1.1580
* Support: 1.1490
* Breakdown Level: Below 1.1490 β More downside
Outlook:
* If price rejects from 1.1530β1.1580, we can see sell continuation.
* If price breaks above 1.1580, then short-term bullish move possible.
Overall bias remains slightly bearish because USD is strong.
π° News Update β Gold
Gold ticks higher ahead of Powellβs speech as markets wait for Federal Reserve guidance.
Gold is moving slightly higher due to safe-haven demand and Fed policy uncertainty.
The next major move in Gold will depend on Powellβs speech, interest rate outlook, and US Dollar movement.
Gold ticks higher ahead of Powellβs speech as markets wait for Federal Reserve guidance.
Gold is moving slightly higher due to safe-haven demand and Fed policy uncertainty.
The next major move in Gold will depend on Powellβs speech, interest rate outlook, and US Dollar movement.
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π West Asia War Update
* Trump says US is in talks with a βnew, more reasonableβ regime in Iran.
* White House demands Strait of Hormuz to remain open immediately.
* Trump warned of major strikes on Iranβs power grid, oil wells, and Kharg Island if talks fail.
* US increasing pressure on Iran amid ongoing negotiations.
π Market Impact
* Oil β Bullish
* Gold β Bullish
* USD β Strong
* Equities β Bearish
* Volatility β High
* Trump says US is in talks with a βnew, more reasonableβ regime in Iran.
* White House demands Strait of Hormuz to remain open immediately.
* Trump warned of major strikes on Iranβs power grid, oil wells, and Kharg Island if talks fail.
* US increasing pressure on Iran amid ongoing negotiations.
π Market Impact
* Oil β Bullish
* Gold β Bullish
* USD β Strong
* Equities β Bearish
* Volatility β High
EURUSD β 1H Analysis
EURUSD is in a clear downtrend on the 1H timeframe, making lower highs and lower lows. Price is currently reacting after a small pullback.
Key Levels:
Resistance: 1.1485 β 1.1530
Support: 1.1415
Major Support: 1.1380
Plan :
As long as price stays below 1.1485, market remains bearish.
If price rejects from 1.1485, we can see continuation towards 1.1415 β 1.1380.
If price breaks above 1.1530, then short-term bullish move possible.
Bias: Bearish below 1.1485
EURUSD is in a clear downtrend on the 1H timeframe, making lower highs and lower lows. Price is currently reacting after a small pullback.
Key Levels:
Resistance: 1.1485 β 1.1530
Support: 1.1415
Major Support: 1.1380
Plan :
As long as price stays below 1.1485, market remains bearish.
If price rejects from 1.1485, we can see continuation towards 1.1415 β 1.1380.
If price breaks above 1.1530, then short-term bullish move possible.
Bias: Bearish below 1.1485
XAUUSD (Gold) β 1H Analysis
Gold is currently retracing after a strong bullish move, and price is near a resistance zone.
Key Levels:
Resistance: 4600 β 4620
Current Price: 4550
Support: 4525
Major Support: 4480
Plan:
If gold rejects from 4600β4620, market can fall back to 4525 β 4480.
If gold breaks above 4620, then we may see strong bullish continuation.
Bias: Buy above 4620 | Sell below 4600 rejection
Gold is currently retracing after a strong bullish move, and price is near a resistance zone.
Key Levels:
Resistance: 4600 β 4620
Current Price: 4550
Support: 4525
Major Support: 4480
Plan:
If gold rejects from 4600β4620, market can fall back to 4525 β 4480.
If gold breaks above 4620, then we may see strong bullish continuation.
Bias: Buy above 4620 | Sell below 4600 rejection
π Global Market Cues
* Microsoft posts worst quarter since 2008 on AI concerns.
* Nike shares fall 9% on weak outlook and China sales decline.
* European markets closed higher, all major indices in green.
* US 10-year yield steady as traders watch Iran war situation & Fed policy.
* Gold remains elevated but sees worst month since 2013.
* Oil prices fall but remain above $100.
* Asian markets rise as Trump says Iran war could end in weeks.
* US markets rally β Dow up 1,100 points (best day since May 2025).
* GIFT Nifty higher β Gap-up start for Indian market expected.
π Market Impact
Oil β Strong
Gold β Volatile
USD β Strong
Equities β Positive / Volatile
Sentiment β News Driven Market
* Microsoft posts worst quarter since 2008 on AI concerns.
* Nike shares fall 9% on weak outlook and China sales decline.
* European markets closed higher, all major indices in green.
* US 10-year yield steady as traders watch Iran war situation & Fed policy.
* Gold remains elevated but sees worst month since 2013.
* Oil prices fall but remain above $100.
* Asian markets rise as Trump says Iran war could end in weeks.
* US markets rally β Dow up 1,100 points (best day since May 2025).
* GIFT Nifty higher β Gap-up start for Indian market expected.
π Market Impact
Oil β Strong
Gold β Volatile
USD β Strong
Equities β Positive / Volatile
Sentiment β News Driven Market
πΆ EURUSD
EURUSD bounced from the 1.1489 support zone and made a strong bullish move, and now trading near resistance.
* If EURUSD breaks 1.1580, next move towards 1.1620 β 1.1680.
* If price rejects from resistance, we may see a pullback towards 1.1540 β 1.1500.
Short-term trend is bullish, but currently at resistance zone.
EURUSD bounced from the 1.1489 support zone and made a strong bullish move, and now trading near resistance.
* If EURUSD breaks 1.1580, next move towards 1.1620 β 1.1680.
* If price rejects from resistance, we may see a pullback towards 1.1540 β 1.1500.
Short-term trend is bullish, but currently at resistance zone.
π₯ XAUUSD (Gold)
Gold is currently in a short-term uptrend on the 1H timeframe after taking support from the 4610β4620 zone. Price has now reached near the previous resistance area around 4700.
* If gold breaks and holds above 4700, we may see a move towards 4800.
* If gold fails to break 4700, then a pullback towards 4640 β 4610 is possible before the next move.
Overall bias is bullish while above 4610.
Gold is currently in a short-term uptrend on the 1H timeframe after taking support from the 4610β4620 zone. Price has now reached near the previous resistance area around 4700.
* If gold breaks and holds above 4700, we may see a move towards 4800.
* If gold fails to break 4700, then a pullback towards 4640 β 4610 is possible before the next move.
Overall bias is bullish while above 4610.
π₯ XAUUSD (Gold)
Gold moved up strongly and tapped the resistance zone near 4700β4720, and from there we saw a sharp rejection, indicating selling pressure at higher levels.
If gold stays below 4700, we may see a drop towards 4640 β 4610.
If gold breaks and holds above 4720, next move towards 4800.
For now, gold is reacting from resistance, so short-term pullback possible.
Gold moved up strongly and tapped the resistance zone near 4700β4720, and from there we saw a sharp rejection, indicating selling pressure at higher levels.
If gold stays below 4700, we may see a drop towards 4640 β 4610.
If gold breaks and holds above 4720, next move towards 4800.
For now, gold is reacting from resistance, so short-term pullback possible.