Gold MCX Future - Intraday Technical Analysis - 24 Oct., 2025

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$MCX:GOLD — Chart Pathik Insights | 24-Oct-25

Gold continues to advance, holding firm at 124,247, consolidating just above the zero line at 124,104 after a robust upside move from the midweek lows. Today’s levels lay out key turning zones for session traders who demand structure and decisive signals.

Bearish Outlook:
Short setups become actionable below 123,179, particularly if sellers regain control at or beneath the add-long (123,450) and long-exit (122,955) zones.

Downside Levels:
122,683: First short target for quick booking or cover.
121,804: Deeper extension should downward momentum continue.

Risk Control: Keep stops tight above 123,450; cover or reduce position if price closes above for more than one bar.

Bullish Outlook:
Long ideas gain traction above 123,721, with momentum confirmed on advances above 123,945 and strong closes above resistance.

Upside Levels:
125,525: Targeted resistance for intraday trend profit-taking.
126,404: Major extension if breakout energy persists.

Risk Control: Manage risk on new longs at 123,450 or 123,179, as per session volatility and entry structure.

Neutral Zone:
124,104 stands as the near-term control line. Price persistence here will keep trade choppy — let the market break cleanly above or below to trigger the next leg of activity.

Reference these levels to stay structured and always play within your system.
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