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GCM2026 🟥 Trade Bias: Short
🎯 Entry: 4865 – 4875
❌ Stop Loss: 4898
✅ Take Profit 1: 4825
✅ Take Profit 2: 4805
=====================
🟩 Trade Bias: Long
🎯 Entry: 4805 – 4815
❌ Stop Loss: 4770
✅ Take Profit 1: 4850
✅ Take Profit 2: 4870


GOLD1! if all things goes right ,we may see mcx gold 1 lakh
cmp 155000 near wait and watch big picture




GC1! Operator start works.....sell max Gold June Futures 4784 range to New low 4720

and 74.835 range to New low 72.900 Silver May Futures.....in next few minutes

GOLD1! High Volatility in Precious Metals, Gold and Silver - Intraday Sell Setup Activated

In MCX, gold and silver prices opened gap down today after hitting yesterday’s highs, but later witnessed a sharp recovery during the session. This indicates continued high volatility in precious metals.

During the afternoon Indian session:

Gold June Futures traded near ₹152578 per 10 grams
Silver May Futures traded near ₹238906 per kg

In the international market (COMEX):

Gold June Futures near $4784.05 per ounce
Silver May Futures near $74.835 per ounce

The volatility is mainly driven by geopolitical tensions in the Middle East, especially concerns around the fragile US and Iran ceasefire. Ongoing conflicts and uncertainty around peace talks have kept market sentiment cautious, leading to sharp price swings.

What Should Traders Do?

In such volatile conditions, traders should focus on sell on rise strategy, as profit booking may emerge at higher levels, potentially pushing prices lower in the short term.

Intraday Strategy:

Sell MCX Gold June Futures: ₹152570 - ₹152670
Sell MCX Silver May Futures: ₹238900 - ₹239200

Stop Loss: Open (as per risk management)

Targets:

Gold June Futures:
TGT1: ₹150600
TGT2: ₹150000
TGT3: ₹149000

Silver May Futures:

TGT1: ₹235000
TGT2: ₹233000
TGT3: ₹230000

Conclusion:

1. With ongoing global uncertainty and sharp intraday swings, profit booking is likely at higher levels.

2. Traders are advised to act cautiously, follow proper risk management.

3. Traders take advantage of sell opportunities in gold and silver.

4. Target 1 hit = Big profit opportunity!

5. Are you ready?

6. Don’t miss this move - sell gold & silver at highs and maximize your trades.