[MCX] Gold Short IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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Gold Futures (MCX) – Breakout Towards Upper ChannelDescription:
Gold Futures (MCX) has broken out of the 100–102k consolidation zone and is trending inside a strong ascending channel. Price is approaching the upper channel resistance near 110–112k, while supports lie at 108.6k and 107.4k.
Liquidity in MCX gold contracts remains healthy, supported b
Opportunities in PSU Stocks1. Historical Context of PSU Stocks in India
PSUs were originally created with the objective of building India’s industrial and economic base after independence. Since the private sector lacked resources and experience in heavy industries, the government stepped in to build enterprises in key secto
Gold – Reversals to TrendsOur system thrives on dual strength — catching reversals at the turn and riding the trend that follows.
MCX:GOLDM1! has been the perfect example.
Precision entries on reversals, disciplined trailing on momentum.
This edge has delivered multiple double-digit “R” trades.
Risk stays small, reward
Technical View – Gold Futures (MCX)Trend: Sharp rally extended, but now showing pause with doji candles at the top.
Volume: Trendline breakout earlier came with strong participation; latest candles show reduced conviction.
Momentum: RSI near 74 → overbought, but stabilizing. MACD still positive, histogram flattening → signs of mome
Part 2 Support and ResistanceHow Options Work
Options allow traders to speculate or hedge in different market conditions. For example:
Buying a Call Option: If an investor expects a stock’s price to rise, they can buy a call option. If the stock price exceeds the strike price, the option holder can either sell the option at a
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of Gold Futures (May 2027) is 3,876.4 USD / APZ — it has fallen −1.08% in the past 24 hours. Watch Gold Futures (May 2027) price in more detail on the chart.
Track more important stats on the Gold Futures (May 2027) chart.
The nearest expiration date for Gold Futures (May 2027) is May 26, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures (May 2027) before May 26, 2027.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold Futures (May 2027). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold Futures (May 2027) technicals for a more comprehensive analysis.