Business
Gold price prediction amid US-Iran war: What’s the gold rate outlook for March 13, 2026? Resistance seen near Rs 1,60,300 – The Times of India
Gold price prediction today: Gold prices are seeing intraday weakness and a sell on rise strategy makes sense, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold April futures on MCX are trading near ₹1,59,860 after witnessing persistent selling pressure through the session. The price structure reflects a clear downward bias with successive lower highs and lower lows forming on the intraday chart. Momentum indicators remain weak, suggesting that any short-term recovery toward resistance levels could attract fresh selling interest.Technical SetupPrice is trading below the short-term EMA cluster, with the 8 EMA trending beneath the 21 EMA. Both averages are sloping downward, confirming the continuation of the bearish intraday trend. The ₹1,60,300 level aligns with the immediate moving average resistance zone.Gold is trading near the lower Bollinger band after an extended decline, indicating strong downside momentum. A pullback toward the mid-band could provide a selling opportunity before the trend resumes.The chart shows a consistent lower-high pattern, confirming supply dominance. Until prices reclaim ₹1,61,000, the broader intraday sentiment remains negative.RSI Indicator:RSI is hovering near 23, entering oversold territory. While this may trigger a minor bounce, it does not invalidate the prevailing bearish trend.MACD remains in negative territory with expanding red histogram bars, reflecting continued bearish momentum.Gold Intraday Trading View
- Strategy: Sell on Rise
- Sell Level: ₹1,60,300
- Stop-Loss: Above ₹1,61,000
- Target: ₹1,59,000
Bias: Bearish below ₹1,60,300; trend reversal only above ₹1,61,000.Gold’s intraday structure remains weak with strong downward momentum reflected through falling moving averages and a sub-30 RSI reading. Any pullback toward ₹1,60,300 is likely to face selling pressure. Traders may consider selling on rise near ₹1,60,300 with a stop-loss above ₹1,61,000, targeting ₹1,59,000 during the session.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
Now one of the biggest sportswear firms, Anta’s rise follows a playbook adopted by many Chinese giants.
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Business
Gold price prediction today: Will gold prices continue to be volatile? Key levels to watch out for April 27, 2026 week – The Times of India
Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold is currently consolidating after sharp swings in a broad range, indicating a pause rather than a reversal. Price action shows a higher-high structure intact, but the recent sideways movement suggests indecision near the upper supply zone around 158,000–160,000. The formation resembles a short-term flag/triangle continuation pattern, where a breakout on either side will define the next directional move. Volume has tapered slightly, reinforcing the consolidation narrative.Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. The bands have started to contract, signaling a potential volatility expansion ahead. Sustaining above the mid-band (~150,500–151,000 zone) keeps bullish bias intact, while a breakdown below this could trigger a deeper mean reversion toward the lower band.For the week, immediate support for gold prices is placed at around Rs 150,500, which is followed by stronger support near Rs 148,500. On the upside, the resistance stands at around Rs 155,500, and after that the key supply zone is at Rs 158,000. A decisive close for gold above Rs 158,000 levels can then resume the broader uptrend. However, a break in gold prices below levels of Rs 148,500 may shift the momentum to bearish in the near term.The economic docket is filled with data points and events this week as the focus will be on FED, BOJ, ECB and ECB policy meetings. US consumer confidence, GDP, inflation and durable goods orders data will also be in radar.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
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