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Sell Gold with SL 100800📌 MCX Gold Technical Outlook (₹/10g)
Context: Despite Jackson Hole and fresh rate-cut chatter, gold hasn’t managed a decisive breakout. The USD resistance near $3,390 is capping price; on MCX that maps to ₹100,800.
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Bias tilts neutral-to-bearish unless price closes above ₹100,800. Failure to
GOLDHello & welcome to this analysis
Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.
As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.
Gold at MCX appears to be ending its pullback but due to
Gold Futures – Support Breakdown on the RadarGold Futures (MCX) is currently hovering near a critical support zone around ₹98,600. Price action shows repeated testing of this level, and the latest candles indicate weakening momentum. A decisive breakdown below this support could trigger further downside pressure.
📉 Technical View:
Key suppor
Gold Faces Resistance, Buyers Should Stay Alert near Key SupportGold Futures (MCX) Analysis: Key Points to Watch
Current Price Range: Gold Futures are trading around ₹98,700 to ₹98,750.
Resistance Zone: Gold has been repeatedly rejected near its high around ₹101,500, showing strong selling pressure at this level.
Trendline Broken: Recently, gold broke a
Gold mcx down because of USDINR effect 3330 important on comex Gold mcx going down more compared to comex because of USDINR effect.
Gold mcx support area are:
98720-98550 , 97780 -97500, 96550-96410
Resistance area:
99500 , 100380 , 100550 , 101100-101280 ,
102200-102500
How My Harmonic pattern projection Indicator work is explained below :
Recent High o
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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 current price of 50 Baht Gold Futures is 54,080 THB / ThGB — it has risen 0.95% in the past 24 hours. Watch 50 Baht Gold Futures price in more detail on the chart.
The volume of 50 Baht Gold Futures is 27.00. Track more important stats on the 50 Baht Gold Futures chart.
The nearest expiration date for 50 Baht Gold Futures is Feb 26, 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 50 Baht Gold Futures before Feb 26, 2026.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For 50 Baht Gold Futures this number is 46.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for 50 Baht Gold Futures shows that traders are closing their positions, which means a weakening trend.