CHART N TRADE

Is Gold & Silver Preparing for a Major Breakout?

Global markets remained on edge this week as geopolitical tensions once again intensified.

The ongoing uncertainty surrounding the U.S.-Iran conflict and fresh concerns over the Strait of Hormuz have increased safe-haven demand globally. Any disruption in this key shipping route could trigger higher oil prices, inflation concerns, and risk-off sentiment across global markets.

But here’s what caught my attention:

Despite major geopolitical headlines, Gold and Silver have not seen aggressive selling pressure.

This often indicates that institutional participants may be accumulating at lower levels.

MCX Gold Outlook

Gold continues to hold above the critical 1,48,000–1,50,000 support zone.

Repeated buying at lower levels suggests strong institutional demand.

From a technical perspective:

• Price holding near 20 EMA
• 50 EMA acting as immediate support
• 200 EMA trend remains bullish
• RSI improving
• MACD nearing bullish crossover
• Elliott Wave structure still indicates possible Wave (5) expansion

Upside Targets: 1,60,000 → 1,76,000

MCX Silver Outlook

Silver continues to hold above its key support zone of: 2,30,000–2,40,000

The current price structure suggests volatility compression before a potential breakout move.

If Silver sustains above: 2,65,000

Potential targets could be: 2,75,000 → 2,90,000

My Strategy

Gold: Buy on dips near support zones

Silver: Watch breakout above 2,65,000

Risk management remains critical in such volatile conditions.

Final Takeaway

Current weakness appears to be consolidation—not trend reversal.

If geopolitical tensions escalate further and the dollar weakens, precious metals could witness their next major move.

Sometimes charts start speaking before headlines do.

What’s your view on Gold & Silver this week?



Vikash Bagaria
SEBI Registered Research Analyst (INH300008155)
BSE Enlistment No. 5426
The securities and commodities quoted in this article are for illustration purposes only and are not recommendatory.
Investments/trading in securities market are subject to market risks. Read all the related documents carefully before investing/trading.
For complete disclaimer, please visit: https://chartntrade.com/research-disclaimer

"Gold traders dhyan do... iss week gold ek aise level par khada hai jahan se ya toh bada breakout aa sakta hai... ya sharp correction. COMEX aur MCX dono charts ek rare signal de rahe hain... aur smart money ki activity bhi visible hai."

https://youtu.be/UQPOiEBxMy8?si=5b8FAoTXhMGoYx4L

Vikash Bagaria
SEBI Registered Research Analyst – INH300008155
BSE Enlistment No – 5426
Investments in securities & commodities markets are subject to market risks. Read all related documents carefully before investing.

The securities quoted are for illustration only and are not recommendatory.
Please refer to disclaimer on website: https://chartntrade.com/research-disclaimer/

MCX Gold + COMEX Gold दोनों दे रहे बड़ा Signal | 11-15 May-2026 Gold prices are at a crucial level this week as MCX Gold and COMEX Gold charts are showing major technical signals. In this video, Vikash Bagaria breaks down...