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
Gold Mini Futures
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Related commodities
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
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
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
Advanced-level Chart PatternWhy Chart Patterns Matter
Chart patterns help traders:
Identify trend reversal zones
Recognize trend continuation signals
Determine breakout points
Set entry, stop-loss, and target levels
Understand market behavior and crowd psychology
Most importantly, chart patterns simplify complex market
Gold Futures – Bearish Continuation Developing 🟡⬇ Gap-down open = breakdown continuation
Price below 9 EMA and 21 EMA
Evening Star pattern confirmed
RSI falling → momentum weakening
MACD below signal → bearish pressure
📌 Short Setup:
Below 121,800–121,900
🎯 Targets: 117,500 → 116,000
🛑 Stoploss: 123,650
Weak trend until gold closes back
See all ideas
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.
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Frequently Asked Questions
The nearest expiration date for Gold Mini Futures is Jan 5, 2026.
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 Mini Futures before Jan 5, 2026.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Mini Futures this number is 20.30 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold Mini Futures shows that traders are closing their positions, which means a weakening trend.
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 Mini Futures. 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 Mini Futures technicals for a more comprehensive analysis.









