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MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]

MCX Gold Target Price 98,500β€”β€”99100 Very Very Soon, Buy on Dips. Gold price remains within a striking distance of fresh record highs above $3,400 at the start of a new week

  • MCX Alert 1 Big Correction Pending πŸ‘ˆπŸ‘ˆπŸ‘ˆ
  • Expected Correction Time in Gold 25-04-2025 to 07-05-2025

Gold Price Forecast

Despite the 14-day Relative Strength Index (RSI) remaining heavily overbought, currently near 75.68, Gold buyers stay defiant.

Gold buyers need to find acceptance above the $3,407 level on a daily closing basis to aim for the $3,462 psychological threshold next.

On the flip side, any retracement could challenge the intraday low of $3,327, below which the $3,290 around figure could come into play.

If the corrective declines intensify, a test of Friday’s low of $3,175 will be inevitable.

βœ… Disclaimer: Goldsilverreports.com provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.