MCX Gold Trading Strategy: Gold prices are showing strength again in the commodity market. Traders are advised to stay positive on gold as the overall trend remains bullish. According to market experts, buying on dips can be a good strategy for short-term traders.
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MCX Gold Weekly Outlook: Price Recovers 5%, Key Levels to Watch This Monthv
MCX Gold Weekly Outlook: Comex Gold rebounded from last week’s multi-week low of $4,402 to finish the week nearly 1.5% higher. Weaker-than-expected US jobless claims strengthened expectations of a rate cut, lending support to prices near lower levels. However, a recovery in the US dollar capped further upside in the yellow metal. The near-term outlook remains bullish as long as the $4,500 support holds.
MCX Gold Outlook: Buy Call by Neal Bhai, Targets Rs 1,40,000–1,42,000
MCX Gold continued its strong upward move last week and closed with a gain of around 0.5%. On the weekly chart, gold prices are clearly making higher highs and higher lows, which confirms that the overall trend is still bullish.
Gold Prices Today Hit three-day High, Around $1720 level
![MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]](https://goldsilverreports.com/wp-content/uploads/2020/03/gold-052904-gsr.jpg)
Gold prices today built on its goodish intraday positive move and climbed to three-day tops, around the $1720 region during the early North American session.
Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.