MCX GOLDPETAL Traders are Requested to Fasten Their Seat Belts!

Gold Petal Futures have shown a strong bullish breakout on the 2-hour chart, moving above the key resistance level of ₹9,861 after a steady climb from the 78.6% Fibonacci retracement zone at ₹9,729. The recent candles indicate strong buying momentum with higher lows and a solid bullish candle confirming the breakout. This suggests the uptrend is likely to continue, with possible targets around ₹9,885 and ₹9,920. As long as the price holds above ₹9,797, the bullish sentiment remains strong, and traders should stay alert for further upward movement.

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