GOLD1! Gold just blasted to 127500 per 10g on MCX — record high. Feels like safehaven mode is ON. Is this rally going to keep running, or will profit booking kill it fast? I am watching the support around 125000. if that breaks, I am staying cautious.
GCZ2025 A little extra Alpha for today — this time on Gold🥇.
I mentioned earlier that very large bearish spreads have entered the market. We’re not talking retail gamblers here — these are players with deep pockets💰. This isn’t a lottery ticket. It’s a serious, well-funded move expected.
Given that, I’m prioritizing short setups in gold📉. Key level for today? Marked on the chart.
❗️Remember: Levels are plotted on the Gold futures contract, not spot. For spot gold (XAU/USD), the levels may a little differ due to forward points added to the spot price.