MCX Gold Target Price 98,500——99100 Very Very Soon, Buy on Dips. Gold price remains within a striking distance of fresh record highs above $3,400 at the start of a new week
- MCX Alert 1 Big Correction Pending 👈👈👈
- Expected Correction Time in Gold 25-04-2025 to 07-05-2025
Gold Price Forecast
Despite the 14-day Relative Strength Index (RSI) remaining heavily overbought, currently near 75.68, Gold buyers stay defiant.
Gold buyers need to find acceptance above the $3,407 level on a daily closing basis to aim for the $3,462 psychological threshold next.
On the flip side, any retracement could challenge the intraday low of $3,327, below which the $3,290 around figure could come into play.
If the corrective declines intensify, a test of Friday’s low of $3,175 will be inevitable.
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