Gold mcx AI Tool report showing upmove, holding buy @121600 Parameters Data
Asset Name : Price 🟩 Gold MCX (Feb '26) : 1,24,101
Price Movement 🟩 Upmove will continue to 1,24,500, 1,25,500 if break 1,25,500 then breakout Until 1,22,000 not break if break then 1,21,800, 1,19,250 possible.
Reason 🟩 Technical Reversal & Analyst View: Strong buying interest ne
Related commodities
Part 2 Candle Stick PatternsThe Role of Time in Options
Time value is one of the most important elements.
Unlike stocks, options lose value as they approach expiry. This is known as time decay (theta).
Option BUYERS are hurt by time decay.
Option SELLERS benefit from it.
This is one reason why selling options is a common
Gold mcx hold buy trade for Monday upmove will continue 🔑 Key Highlights
- Price Action: Gold trading at ₹124,090, holding firm above ₹124,000.
- Trend: Active Long Build‑Up confirmed.
- Supports: ₹124,000 / ₹123,600 / ₹123,200.
- Resistances: ₹124,300 / ₹124,700 / ₹125,200.
- Bias: Bullish continuation if above ₹124,000; corrective pullback risk
Bullish Pennant Breakout Strategy in GoldBullish Pennant Breakout in Gold MCX
📊 Pattern Overview:
A Bullish Pennant pattern has formed after a strong upward move, signaling a potential continuation of the trend. The pattern is characterized by converging trendlines during consolidation, followed by a breakout to the upside.
📈 Strategy S
Gold mcx AI tool report showing upmove will continue buy on dip🔑 Key Highlights
- Price Action: Gold is holding firm above ₹124,000, showing steady bullish momentum.
- Trend: Long Build‑Up (Price↑ + OI↑), indicating accumulation by institutions.
- Supports: ₹123,700 / ₹123,200 / ₹122,600.
- Resistances: ₹124,500 / ₹125,000 / ₹125,600.
- Bias: Bullish co
Part 1 Support and Resistance What Are Options?
Options are derivative contracts, which means their value is derived from an underlying asset such as stocks, indices, commodities, or currencies. In India, the most traded options revolve around:
Nifty 50
Bank Nifty
FinNifty
Stocks in the F&O list
An option contract gives a
Gold mcx bought at 121600 today booked at 125300( 2.3 trades) Parameters Data
Asset Name Gold MCX
Reason 🟩 Global inflationary pressure, sharp weakness in US Dollar, aur MCX par heavy long build-up ke chalte massive breakout.
R:R 🟩 1:1.58 (Risk reward T3 target ke liye favorable hai, lekin SL deep hai, jo high volatility ko reflect karta hai.) / Threshold: B
GOLDHello & welcome to this analysis
GOLD after a super duper move from AUG - OCT followed by a sharp decline now appears to be consolidating within a triangle.
Currently appears to be in leg D which should be followed by leg E to complete the contracting triangle squeeze and from thereon the resumpti
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Micro Gold Futures (Dec 2024) is Dec 27, 2024.
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 Micro Gold Futures (Dec 2024) before Dec 27, 2024.









