Aetram Research India: GOLD FEB FUT Outlook
Aetram Research India: GOLD FEB FUT Outlook
Gold Futures regain short-term strength above 136,200, eyes upside toward 137,800-138,400 unless bears reclaim control below 135,900 - 02.01.2026
Chart Name: MCX Gold FEB FUT
Current Market Price: 136,822
Current Trend: Short-term recovery attempt within a broader corrective phase after a sharp late-December sell-off.
Trend Dominance: Mild bullish dominance emerging as price stabilises above short-term averages with improving structure.
Current Market Price: 136,822
Current Trend: Short-term recovery attempt within a broader corrective phase after a sharp late-December sell-off.
Trend Dominance: Mild bullish dominance emerging as price stabilises above short-term averages with improving structure.
Chart Outlook & Prediction:
* The Gold Future is attempting a rebound from recent lows, supported by short-term moving averages. Sustained trading above 136,200 may extend recovery toward 137,800-138,400. However, the broader structure remains cautious below 138,800. Failure to hold 135,900 could revive selling pressure toward 135,200.
* The Gold Future is attempting a rebound from recent lows, supported by short-term moving averages. Sustained trading above 136,200 may extend recovery toward 137,800-138,400. However, the broader structure remains cautious below 138,800. Failure to hold 135,900 could revive selling pressure toward 135,200.
Upcoming Events:
* US economic data and Fed commentary – volatility catalyst, directionally positive if dollar weakens.
* Geopolitical developments – safe-haven demand supportive of escalation, negative if tensions ease.
* US economic data and Fed commentary – volatility catalyst, directionally positive if dollar weakens.
* Geopolitical developments – safe-haven demand supportive of escalation, negative if tensions ease.
Major Support and Resistance:
* Support: 136,200 | 135,900 | 135,200
* Resistance: 137,300 | 137,800 | 138,400
* Support: 136,200 | 135,900 | 135,200
* Resistance: 137,300 | 137,800 | 138,400
Trend, Volume, Dow Theory Analysis:
* The trend shows short-term higher lows forming after a sharp decline.
* Volume contracted in the fall and stabilised during recovery, indicating selling pressure exhaustion.
* Dow Theory reflects a corrective pullback within a larger consolidation, not a confirmed trend reversal yet.
* The trend shows short-term higher lows forming after a sharp decline.
* Volume contracted in the fall and stabilised during recovery, indicating selling pressure exhaustion.
* Dow Theory reflects a corrective pullback within a larger consolidation, not a confirmed trend reversal yet.
Breakout Strategy (Bullish):
* Entry: Above 137,300 | Stoploss: 136,200
* Target 1: 137,800 | Target 2: 138,400 | Target 3: 139,000
* Entry: Above 137,300 | Stoploss: 136,200
* Target 1: 137,800 | Target 2: 138,400 | Target 3: 139,000
Breakdown Strategy (Bearish):
* Entry: Below 135,900 | Stoploss: 136,900
* Target 1: 135,200 | Target 2: 134,600 | Target 3: 133,900
* Entry: Below 135,900 | Stoploss: 136,900
* Target 1: 135,200 | Target 2: 134,600 | Target 3: 133,900
Final Takeaway:
* The Gold Future is showing early signs of stabilisation after heavy selling, with a short-term bullish bias emerging above 136,200. Traders should respect nearby resistance zones, as the broader trend is still corrective. Clear strength above 137,300 improves upside confidence, while a drop below 135,900 negates the recovery.
* The Gold Future is showing early signs of stabilisation after heavy selling, with a short-term bullish bias emerging above 136,200. Traders should respect nearby resistance zones, as the broader trend is still corrective. Clear strength above 137,300 improves upside confidence, while a drop below 135,900 negates the recovery.
Caution Notes:
* All Positivity Negates on Breaking Below 135,900
* All Negativity Negates on Breaking Above 137,300
* All Positivity Negates on Breaking Below 135,900
* All Negativity Negates on Breaking Above 137,300
Disclaimer: This analysis is for educational purposes only and not financial advice. Please consult your financial advisor before making trading decisions.
