# Gold outlook stays bullish, analyst advises buying on dips 2026-08-07T08:41:55+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet MCX Gold October futures retain a positive bias, with prices holding above key moving averages despite intermittent profit booking, The Times of India reports. Jateen Trivedi of LKP Securities expects the uptrend to continue and advises buying near Rs 1,49,250, with a stop-loss below Rs 1,47,900. The analyst has set intraday targets of Rs 1,50,200 and Rs 1,50,700. The 8-period EMA remains above the 21-period EMA, while the RSI is around 58 and the MACD is positive. Trivedi says the broader trend remains intact as long as gold holds above Rs 1,47,900, though short-term volatility may continue. ## Coverage - timesofindia.indiatimes.com Tags: commodities, gold, market outlook, MCX Canonical: https://indianopinion.org/gold-outlook-stays-bullish-analyst-advises-buying-on-dips/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/gold-outlook-stays-bullish-analyst-advises-buying-on-dips/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.