Gold Prices Show Weakening Bias, LKP Securities Recommends Sell-on-Rise Strategy

Commodities

Published on 21st November 2025, 6:04 AM

Author

Aditi Singh | Whalesbook News Team

Overview

Gold prices are exhibiting an intraday weakening bias, with experts suggesting a sell-on-rise strategy. Jateen Trivedi from LKP Securities notes that gold futures on MCX are consolidating around ₹1,22,624. Technical indicators suggest resistance near ₹1,22,700-₹1,22,850, with a bearish outlook below ₹1,22,850.