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GOLD MCX : ANALYSIS 11.08.2025

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As shown on the Gold Mcx Chart, Gold is currently trading above 1lac mark which is a strong resistance zone.

Gold price return thrice from the trend line resistance as shown in chart above.

If we look at Supporting trendline , Price bounced back whenever price touched this trendline support area perfectly shown above on chart.

In short Gold price is consolidating between these two lines and we will see clear trend if it break either of the two trendlines, till then price can take some more time in consolidation zone.


As per my analysis every bounce is getting weaker .






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