Gold price prediction today: What's the gold rate outlook for August 1, 2025; why a 'sell on rise' strategy makes sense?
Gold price prediction today: Gold futures are facing pressure, struggling to recover, currently around ₹98,778. Technical indicators suggest a weak rebound, lacking bullish momentum. Experts advise a 'Sell on Rise' strategy near ₹99,000, with a stop-loss at ₹99,450, targeting ₹98,550 and ₹98,200. The trend remains vulnerable to declines until prices decisively break above the 21 EMA with strong volume.
Gold price prediction today: Gold futures are facing pressure, struggling to recover, currently around ₹98,778. Technical indicators suggest a weak rebound, lacking bullish momentum. Experts advise a 'Sell on Rise' strategy near ₹99,000, with a stop-loss at ₹99,450, targeting ₹98,550 and ₹98,200. The trend remains vulnerable to declines until prices decisively break above the 21 EMA with strong volume.
