Gold trend direction for MCX:GOLD1!

Gold futures expected to rise after breaking key support level.

Nov 8, 2026

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Gold trend direction for MCX:GOLD1!

Gold futures expected to rise after breaking key support level.

In brief

Gold futures expected to rise after breaking key support level. Gold prices likely to increase to 145537 following closure above 140740 support. Originally reported by TradingView.

Gold trend direction

Gold futures closed above support level 140740.

Expected price movement

Volume suggests underlying strength for gold to move higher to 145537.

Trend analysis disclaimer

Trend analysis disclaimer

This information does not constitute financial advice or recommendations.

The bottom line

Gold prices likely to increase to 145537 following closure above 140740 support.

Read the original on TradingView

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