Neal Bhai is widely known as one of the best technical analysis experts in India. His market views are followed by many traders and investors across commodities and bullion markets.
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According to Neal Bhai’s latest technical analysis, MCX Gold prices are showing strong bullish signals. Chart patterns, trend support, and momentum indicators suggest that gold prices may move sharply higher in the coming days.
MCX Gold Target by Neal Bhai
- Target Zone: ₹42,000 – ₹45,000+++
- Time Frame: Very very soon
- Trend: Strong bullish
Gold prices are supported by global uncertainty, inflation concerns, and steady demand for safe-haven assets. On technical charts, MCX Gold has formed a solid base and is trading above key moving averages, indicating further upside.
Traders are advised to keep a close watch on price action and risk management, as volatility can remain high in bullion markets.
FAQs (Frequently Asked Questions)
1. Who is Neal Bhai?
Neal Bhai is a well-known technical analyst in India, popular for his analysis of MCX commodities, especially gold and silver.
2. What is Neal Bhai’s MCX Gold target?
Neal Bhai has given an MCX Gold target of ₹42,000 to ₹45,000+++, expected very soon based on technical analysis.
3. Is MCX Gold bullish right now?
Yes, according to technical indicators and chart patterns, MCX Gold is currently showing a strong bullish trend.
4. What factors are supporting gold prices?
Global uncertainty, inflation worries, central bank policies, and safe-haven demand are supporting gold prices.
5. Is this gold target for short-term or long-term?
The target is mainly short to medium term, depending on market momentum and price sustainability.
Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
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