Aetram Research India - Gold February Futures Outlook
Aetram Research India - Gold February Futures Outlook
Gold February Futures retain bullish dominance above 1,36,200 with breakout bias; weakness only if sustained breakdown occurs below 1,35,000 - 05.01.2026
Chart Name: Gold February Futures
Current Market Price: 1,37,730
Current Trend: Primary trend remains bullish with higher highs and higher lows intact.
Trend Dominance: Bulls remain in firm control as price sustains above key moving averages.
Current Market Price: 1,37,730
Current Trend: Primary trend remains bullish with higher highs and higher lows intact.
Trend Dominance: Bulls remain in firm control as price sustains above key moving averages.
Chart Outlook & Prediction
- Gold February Futures continue to trade in a strong bullish structure despite recent consolidation near highs. Price is holding above the rising moving average ribbon, signaling trend strength. A sustained move above 1,37,600 can open further upside toward 1,38,800 and 1,40,000, while dips remain buying opportunities above support.
Upcoming Events (Catalysts)
- US macro data and inflation cues
- US Dollar Index movement
- Global geopolitical developments
Major Support and Resistance
- Support: 1,36,200 / 1,35,000 / 1,33,800
- Resistance: 1,37,600 / 1,38,800 / 1,40,000
Trend, Volume, Dow Theory Analysis
- Gold maintains a classic bullish Dow Theory structure with higher highs and higher lows. Volume remains stable without distribution signs. RSI is elevated but not diverging, MACD remains positive, and moving averages are upward sloping, confirming trend continuation rather than exhaustion at current levels.
Breakout Strategy (Bullish)
- Entry: Above 1,37,600 / Stoploss: 1,36,600
- Targets: 1,38,800 / 1,40,000 / 1,41,500
Breakdown Strategy (Bearish)
- Entry: Below 1,35,000 / Stoploss: 1,36,200
- Targets: 1,33,800 / 1,32,500 / 1,31,000
Final Takeaway
- Gold February Futures remain structurally bullish with buyers firmly defending higher supports. Consolidation near highs appears healthy, not distributive. As long as price holds above 1,36,200, trend-following long strategies remain favorable, while aggressive shorts carry elevated risk unless a decisive breakdown occurs.
Caution Note
- Positivity Negates On Breaking Below 1,35,000
- Negativity Negates On Breaking Above 1,37,600
Disclaimer : This analysis is for educational purposes only and not financial advice. Please consult your financial advisor before making trading decisions.
