Gold is changing trend.Gold has been doing previous lower lows. Just hit 3210.00
Expecting change of trend.
Gold intrday Target ₹94,340.Buy at ₹93,465, CMP ₹93,800, Target ₹94,340.
Target expected to be achieved intrday
Gold Hourly & 4H Analysis UpdateGold CMP 3290
Yesterday on the Hourly chart , Gold gave a Buy Signal at 3257 , and today it rallied up to 3395 — a clear momentum of 138 points . It also gave a fresh breakout on the 4H time frame , indicating strong upward momentum.
Currently, resistance is seen at the 3420 levels .
If
Gold's Correction May Not be Over Yet - Here's WhyHere is my 2-minute technical take on why gold could be looking at a break below 3200 as part of a deeper correction, before it even considers resuming its almighty bullish rally.
Matt Simpson, Market Analyst at City Index and Forex.com
A Gap In gold Needs to be Filled! Price opened gaping down. Now im looking for price to fill in that gap. establishing a low for the week and continue pushing up. Possibly going for new ATHs. We have to allow Monday to play out though to see what they want to do.
Gold Should complete the Retrace before giving another DirectionWas expecting the pullback. Now I just need to wait for it to finish before trying to buy it. Price should give us a solid confirmation when its finally ready. want to see them take out some lower levels first. If price gives up a entry during Asia session we could see a nice short.
Price currently Bullish...But will it continue for the week?This is bullish price action i was expecting. Im just now waiting for a solid area for entry. Just have to wait for the killzones and things to line up inside of the killzone. cause outside of the killzones its nothing but chop and impulsive action that can throw you off.
news changed things. but we still bullish on GoldPrice pushed down a bit lower but it still makes since for it to take liquidity for gaps and continue with its push. We have to wait for the killzones to give us a better idea.
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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.
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Frequently Asked Questions
The current price of Micro Gold Futures (Feb 2027) is 3,479.9 USD / APZ — it has fallen −3.22% in the past 24 hours. Watch Micro Gold Futures (Feb 2027) price in more detail on the chart.
Track more important stats on the Micro Gold Futures (Feb 2027) chart.
The nearest expiration date for Micro Gold Futures (Feb 2027) is Feb 24, 2027.
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 Micro Gold Futures (Feb 2027) before Feb 24, 2027.
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 Micro Gold Futures (Feb 2027). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro Gold Futures (Feb 2027) technicals for a more comprehensive analysis.