After a steep drop from the ₹10,014 zone, Gold Petal Futures found strong support around ₹9,910, where a long lower wick shows rejection of further downside. This initiated a bullish recovery, forming a steady sequence of higher closes. However, the recent candles show loss of momentum, with small-bodied candles and lower highs around ₹9,974.
Price is now consolidating between ₹9,960 and ₹9,910, indicating indecision. Sellers are defending the ₹9,970 zone, while buyers are holding the ₹9,910 base. A breakout from this tightening range will decide the next trend leg—watch ₹9,974 for upside and ₹9,910 for breakdown cues.
Price is now consolidating between ₹9,960 and ₹9,910, indicating indecision. Sellers are defending the ₹9,970 zone, while buyers are holding the ₹9,910 base. A breakout from this tightening range will decide the next trend leg—watch ₹9,974 for upside and ₹9,910 for breakdown cues.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.