The record
Written from the 1 report below. Nothing here is unsourced.
- MCX Gold October futures traded around Rs 1,53,870 after breaking above a recent consolidation zone, according to analyst Jateen Trivedi of LKP Securities.
- Technical indicators such as a positive MACD, rising volume, and recovering open interest support the bullish intraday view.
- The recommended strategy is to buy gold on dips near Rs 1,53,650 with a stop-loss below Rs 1,52,900 and a target of Rs 1,54,600.
- A break below Rs 1,52,900 would weaken the immediate bullish setup, while a hold above Rs 1,53,650 could push prices toward Rs 1,54,600.
- The levels matter because they give traders a clear entry, exit, and risk point for intraday gold positions.
What to watch next
- Whether gold sustains above the Rs 1,53,650 entry zone
- Whether prices reach the Rs 1,54,600 target
- Whether gold breaks below the Rs 1,52,900 stop-loss level
Who said what1
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Jateen Trivedi
VP Research Analyst - Commodity and Currency, LKP Securities
1 quote · 1 outlet
“Gold’s intraday outlook from a technical standpoint is positive”
In the article
…Gold price prediction today: Gold’s intraday outlook from a technical standpoint is positive , says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. Below is what he has to say:MCX Gold October futures are showing a strong intraday recovery, with prices trading around Rs 1,53,870…
Coverage1
1 report
English national1
All filed from India
Named India · Multi Commodity Exchange · Jateen Trivedi · LKP Securities
The 1 report is listed beside the record.
Ask this story
Answers cite the reports above, or say they can't.