Gold Feb Fut. MCX Intraday Technical Analysis - 2nd Dec., 25

GOLD2!
Gold MCX Futures — Chart Pathik Intraday Levels for 02-Dec-2025

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Gold Futures are trading near 130,725, pushing just above the zero line at 130,652 and testing the Long Entry band at 130,785 after recovering from a sharp intraday dip, signalling an emerging bullish attempt against prior supply. Each comment or share builds the momentum for disciplined, structured analysis across our trading community!​

Bullish Structure

Longs activate above the Long Entry level at 130,785, with stronger conviction if price sustains above the zero line at 130,652 and holds the Add Long Position level at 130,616 as support on intraday pullbacks.​​
Targets: 131,537 (Long Target 1 / primary booking zone) and 132,084 (Long Target 2 / extended upside leg on strong breakout).​
Control: Place stop or trail near 130,447–130,308 (Short Entry and Long Exit band) to keep risk defined while bullish structure remains active.​

Bearish Structure

Shorts open below the Short Entry level at 130,447 or on clear rejection between 130,785 and the Short Exit supply zone at 130,924 after failed upside attempts.​
Targets: 129,767 (Short Target 1 / partial or scalp booking) and 129,220 (Short Target 2 / extended downside if breakdown sustains).​
Control: Fast short covers are required back above 130,785–130,924 where bearish structure weakens and trapped shorts risk a squeeze.​

Neutral Zone

130,652 is today’s inflection and zero line—expect sideways, noisy moves while gold oscillates between roughly 130,447 and 130,785 without decisive 5-minute closes outside this band.​
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