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
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
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
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.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Gold mini Futures is 20,930.0 JPY — it has risen 2.46% in the past 24 hours. Watch Gold mini Futures price in more detail on the chart.
The volume of Gold mini Futures is 19.00. Track more important stats on the Gold mini Futures chart.
The nearest expiration date for Gold mini Futures is Dec 22, 2025.
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 Dec 22, 2025.
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 192.00. 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.









