Monday's Gold Price Forecast: Bullish Trend Persists; Key Levels for March 9 Revealed
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Gold Price Prediction: Bullish Structure Intact, Key Levels for March 9 Revealed
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News18•07-03-2026, 16:18
Gold Price Prediction: Bullish Structure Intact, Key Levels for March 9 Revealed
•Gold maintains an upward bias driven by geopolitical tensions and safe-haven demand, with a broader bullish structure intact.
•COMEX gold shows strong bullish momentum; a decisive breakout above $5,200 could push prices towards $5,400-$5,600.
•MCX gold futures remain in an uptrend; holding above Rs 1,65,000 could lead to Rs 1,70,000.
•Despite earlier weekly declines due to a stronger US dollar and reduced Federal Reserve rate cut expectations, geopolitical tensions continue to fuel safe-haven buying.
•Analysts advise disciplined risk management around support zones, with dips seen as accumulation opportunities in the extended bull cycle.