Hiren Garasondia's Research Gold and Silver

Gold & Silver Crash: Is the Downtrend Just Beginning?

Gold and silver futures witnessed a sharp sell off over the last two trading sessions.

Gold April futures plunged more than 16%, while Silver March futures crashed by over 39% within just two days, creating panic among traders.

As highlighted in my January 29 article, the US dollar remains the real king of the global economy. Whenever the dollar strengthens, precious metals tend to move lower and the recent market action clearly confirms this trend.

At the beginning of the week, gold and silver showed extreme volatility, with daily gains of over 6% until Thursday. However, after the US market opened on Thursday, sentiment shifted sharply. From Thursday onward, precious metals reversed direction and continued to decline through Friday’s close, resulting in a massive two day correction.

The sharp fall on Friday was triggered after reports that former Federal Reserve Governor Kevin Warsh was nominated to replace Chair Jerome Powell. This development reduced concerns about the Federal Reserve’s independence, stabilized the US dollar, and pushed the US Dollar Index higher. As expected, gold and silver moved in the opposite direction, extending their losses.

Now the key question for traders is:

Is this the beginning of a sustained downtrend in gold and silver, or merely a round of profit booking before prices rise again due to renewed US and Iran geopolitical tensions and fresh volatility?

MCX Gold & Silver Hit Lower Circuit: What Next?

MCX gold and silver opened the new week under heavy pressure as the Indian Union Budget session triggered fresh volatility in the commodities market. On Sunday’s opening, both precious metals hit downside circuit limits of nearly 9%.

MCX Gold April futures slipped to around ₹138634 per 10 grams, while MCX Silver March futures plunged to ₹265652 per kilogram, indicating strong panic selling at higher levels.

Earlier in the week, gold and silver witnessed extreme volatility, recording daily gains of more than 6% until Thursday. However, sentiment shifted sharply after the US market opened on Thursday. From that point onward, precious metals reversed direction and continued falling through Friday’s close, resulting in a massive two day correction. Friday’s sharp sell-off was triggered by reports that former Federal Reserve Governor Kevin Warsh was nominated to replace Chair Jerome Powell. This eased concerns regarding the Federal Reserve’s independence, strengthened the US dollar, and pushed the US Dollar Index higher. As expected, gold and silver moved in the opposite direction, extending their losses.

As mentioned in my January 29 article, I had already warned about heavy profit booking at elevated levels in MCX gold and silver. On January 29, MCX gold and silver touched lifetime highs of ₹193096 and ₹420048 respectively. Since then, and especially after Thursday, gold prices have corrected by more than 28%, while silver has declined over 36% in just three trading sessions.

A similar trend was observed in international markets, where gold and silver futures faced intense selling pressure over the last two sessions. Gold April futures dropped more than 16%, while Silver March futures collapsed over 39%, creating panic among traders globally.

Now the key question for market participants is:

Will MCX gold and silver continue their downward trend next week, or is short term profit booking and technical support likely to trigger a recovery from current levels?

What next today?

R u ready?

140k/150k& 240k/280k g+s before 5pm

r u still loss g+s?

Join paid services+ loss cover

operator call rocks

Major Movement today in Gold and Silver....

-21% Gold and 41% Silver DOWN in 3days.....

5625 range to 4455.60 Gold April futures....wait 4000 or again 5000 Gold april Futures today....

121.750 range to 72.380 Silver March futures....wait 60.000 or again 90.000 Silver March Futures today....

ALL TGT....
See Gold and Silver Futures High 4756 range and 82.700 range.....buy@4430 and 71.500 range on few hours ago.....
What Next....
Wait 5000 or again 4400 Gold April Futures and
Wait 90.000 or again 70.000 Silver March Futures in next few hours.....

Major movement Gold and Silver futures....in next few hours...

What next 5000 or again 4680 Gold April futures in next few hours....
What next 90.000 or again 75.000 Silver March futures in next few hours....

MCX Gold & Silver: Volatility Remains High, Intraday Strategy Ahead

MCX gold and silver opened today with a gap up and upper circuit, marking a sharp rebound after a continuous decline over the last three sessions amid extreme volatility.

Last week, Gold April futures and Silver March futures touched lifetime highs of ₹193096 and ₹420048 respectively. From those peak levels, prices corrected sharply over the past three sessions, with gold falling more than 29% and silver plunging over 47%, reflecting intense volatility and panic driven moves.

From yesterday onward, profit booking started emerging, and today both gold and silver again hit upper circuit levels during the Asian session, indicating short covering and short term buying interest.

The key question now is what lies ahead for gold and silver, and how traders should position themselves. In such highly volatile market conditions, intraday trading remains the safest and most effective approach.

My strategy continues to focus on selling at higher levels. At current prices near the upper circuit, both MCX gold and silver are trading in ideal sell zones. Given the extreme volatility, strong profit booking is expected within the next few hours. Intraday traders are advised to remain highly alert and strictly follow risk management.

Gold prices are trading above 6% upper circuit, while silver prices have hit a 14% upper circuit today as well. The key question now is how gold and silver are likely to behave on an intraday basis.

Intraday Trading Strategy

MCX Gold April Futures
Sell Range: ₹153400 - ₹153500
Stop Loss: Open
Downside Targets:
₹147000
₹146000
₹145000

MCX Silver March Futures
Sell Range: ₹270300 - ₹271300
Stop Loss: Open
Downside Targets:
₹245000
₹240000
₹235000

If new low targets are achieved in both gold and silver today, intraday profit potential could be up to ₹15 lakh per lot in each gold and silver, within the next few hours. Traders should not miss this opportunity to sell at higher levels.

This setup also offers a strong chance to re enter trades and recover past losses through disciplined intraday selling.

*High Volatility Continues in MCX Gold & Silver: Intraday Sell on Rise Strategy*

Heavy volatility continues in MCX gold and silver today as well. Following last weeks trend and the start of the new week, both markets opened with a gap up on Monday.

MCX Gold April futures surged to ₹158500 per 10 grams, while MCX Silver March futures hit the 4% upper circuit, reaching ₹264885 per kilogram.

My strategy remains unchanged, selling at higher levels. After today’s sharp gap up opening, both gold and silver are now trading in strong sell zones near the upper circuit.

Considering the extreme volatility, strong profit booking is expected within the next few hours. Intraday traders should remain highly cautious and strictly follow risk-management rules. As highlighted repeatedly in earlier updates, intraday trading is the safest and most effective approach in such volatile market conditions. Historically, sharp gap-up openings are often followed by profit booking.

*Intraday Trading Strategy, MCX Gold April & Silver March Futures*

*MCX Gold April Futures*
Sell near: ₹158100 - ₹158500
Stop Loss: Open (as per risk management)
Downside Targets: ₹155500 - ₹154500 - ₹153500

*MCX Silver March Futures*
Sell near: ₹264500 - ₹265500
Stop Loss: Open (as per risk management)
Downside Targets: ₹257000 - ₹255000 - ₹250000

If profit booking accelerates, Target 1 is likely to be achieved within the next few hours. Once again, selling at elevated levels offers a strong risk to reward opportunity.

Traders are advised to stay disciplined, trade strictly on an intraday basis, and manage positions carefully during this highly volatile phase.

Are you ready?

What next? 4950 or again 5150 Gold April Futures today
What next? 78 or again 83 Silver March Futures today

Are you still loss in Gold and Silver?

See Gold and Silver low 156800 and 259000

Profit 346800 per lot today also before 2pm

What Next???

Major Movement today also in Gold and Silver

No More Free Trail Call

ALL TGT1+2+3 Almost today also.....

See Gold and Silver low 156400 and 254100.....

Profit +527200 per lot and +52lakh per 10lot today also gold and silver before 4pm......

What Next???
Wait 154k or again 159k Gold and
Wait 240k or again 270k Silver......Today.....

Major Movement today also in Gold and Silver.....

Are you still loss in Gold and Silver????

No More Free Trail Call

Ready for 157000 or 153000 Gold and 250000 or 230000 Silver in next few hours

Market open Gap Down

wait 150k or again 154k Gold and wait 220k or again 240k Silver today

When metals are trading near lifetime highs, momentum can stay strong for longer than expected. But usually, before a deeper correction, we see some early signs like slowing upside momentum or failure to hold above breakout levels. If price starts closing below previous support zones on the daily chart, that can confirm short-term weakness. In this type of volatile environment, I believe managing risk and waiting for clear structure is more important than chasing price.

MCX Gold and Silver Update....

Market open Gap UP Today....

What Next????

wait 151k or again 155k Gold and wait 225k or again 245k Silver today......in next few hours.

Major Movement Gold and Silver today...in next few hours...

Wait 4850 or again 5050 Gold April futures and
Wait 70.000 or again 80.000 Silver March futures....

Are you ready???
Profit +449000 per lot and +45lakh per 10lot again todays sell call Gold and Silver profit before 10pm....
Trade and Sell Maxxxxx....
154440 to New Low 152500 Gold April and
240500 to New Low 232000 Silver March before 10pm....
Operator start works and Gold and Silver CRASHED in next few hours....
Are you still loss in Gold and Silver???
SEBI Registered Research Analyst

Market open Gap UP today.....

Those traders who still hold yesterday's STBT sell call, Again Sell Maxxxxx Gold and Silver and exit below TGT1 in next few hours....

Are you ready????

Profit +371300 per lot and +37lakh per 10lot again today's sell call Gold and Silver profit before 5 or 9pm.....

Trade and Sell Maxxxx.....

156350 range to 154500 153500 152500 Gold April and
246210 range to 240000 238000 232000 Silver March......before 5 or 9 pm.....

Operator start works and Gold and Silver CRASHED in next few hours....

Are you still loss in Gold and Silver???

SEBI Registered Research Analyst

wake up bro - no one gives a shiit about the SEBI registration out of INDIA - this is international forum not some stupid INDIAN forum, avoid mentioning this.
Also attach a Trade explorer to prove your analysis - trading and analysis is different thing -

MCX Gold & Silver Intraday Strategy - Sell on Rise Approach

MCX Gold April Futures and Silver March Futures continue to witness volatility. After reaching lifetime highs last month and facing consistent declines, precious metals have seen profit booking over the past few days. However, after forming a recent low, prices recovered in the last two sessions.

In today’s morning Asian session, both metals opened with a gap up. MCX Gold April Futures touched the ₹156357 per 10 grams range. while MCX Silver March Futures also opened higher and reached around ₹246214 per kilo gram.

Considering the current global market conditions and ongoing volatility, my strategy remains unchanged, sell at higher levels. After today’s gap up opening, both gold and silver are trading in attractive sell zones. With extreme volatility in play, strong profit booking can emerge within the next few hours.

Intraday traders are advised to stay highly alert and strictly follow disciplined risk management.

Intraday Trading Strategy

MCX Gold April Futures
Sell near: ₹156350 - ₹156450
Stop Loss: Open (as per risk management)
Targets: ₹154500 - ₹153500 - ₹152500 (near yesterday’s low)

MCX Silver March Futures
Sell near: ₹246200 - ₹246800
Stop Loss: Open (as per risk management)
Targets: ₹240000 - ₹238000 - ₹232000 (near yesterday’s low)

For traders holding yesterday’s short positions in gold and silver, this remains a favorable opportunity to continue the sell on rise strategy. Fresh selling near current market prices may offer strong intraday potential. Partial profit booking is advisable near Target 1 within the next few hours.

Stay disciplined, manage risk carefully, and take advantage of volatility driven opportunities.