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Gold Price Prediction: Buy on Dips Strategy for MCX Gold August Futures on July 17, 2026
MCX Gold August futures have rebounded sharply, prompting a buy-on-dips strategy from analyst Jateen Trivedi. The technical setup shows improving momentum with a bullish MACD crossover and recovering RSI. Key support is at Rs 1,40,000, with a target of Rs 1,42,000.
Jul 17, 2026 1 source