MCX Gold and Crude Oil Prices Consolidate Amid Market Uncertainty

MCX Gold futures continue to hover near ₹1.30 lakh per 10 grams, as bulls defend key breakout levels above ₹1,29,000. The short-term trend for gold remains positive, supported by the 21mday exponential moving average (EMA). If prices hold above this level, further consolidation around ₹1.30 lakh is expected. On the other hand, MCX Crude Oil futures remain rangebound within ₹5,200–₹5,400, reflecting uncertainty in the energy markets.