Markets are playing it safe today—waiting on the Fed 🎯. Geopolitical risk keeps oil & gold in the spotlight.

Morning mood: Markets are cautious ahead of the U.S. Federal Reserve's rate decision—likely holding rates steady, but updated economic projections could shift expectations. Global risk-off: Middle East tensions—specifically Israel–Iran—continue fueling geopolitical anxiety, pushing oil prices higher and boosting the dollar. U.S. markets: The SPDR S&P 500 ETF (SPY) is trading slightly lower today, retracing recent gains amid weak retail data and geopolitical worries. A plateau in equities is expected until clearer Fed guidance arrives. Gold & Commodities: Safe-haven demand is alive—gold hovers around $3,386/oz and eyeing resistance near $3,397. A decisive breakout could push it toward $3,700 by year-end. India outlook: Back home, the Sensex stabilized (+200 pts) and Nifty reclaimed 24,900, driven by gains in finance and auto—even amid global caution. Support sits near 24,700 and resistance around 25,000—range-bound behavior likely today. 🔍 Today’s Trade Setup Market Key Levels Context Nifty Support: 24,700 / Resistance: 25,000 Consolidation within a defined range SPY Sitting ~597–601 Watch for volatility post-Fed Gold Watch for breakout >3,397 Safe-haven money flowing in Oil Elevated Geopolitical risk premium persists