Gold price prediction: What's the outlook for September 5, 2025? Gold may find support at Rs 1,06,500

TOI Business Desk / TIMESOFINDIA.COM / Sep 05, 2025, 12:18 IST

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Gold price prediction: What's the outlook for September 5, 2025? Gold may find support at Rs 1,06,500

Gold price prediction: Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. (AI image)

Gold price prediction today: Gold rates are touching a life-time high and a ‘buy on dips’ strategy may work, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX traded around ₹1,06,840, consolidating within a tight range but holding above short-term supports. Technical indicators point to continued strength, suggesting intraday traders should look for buying opportunities on dips near ₹1,06,500, with a protective stop-loss placed at ₹1,06,150.Technical Setup:

Moving Averages (EMA 8 & EMA 21):
EMA 8 is trending above EMA 21, sustaining bullish momentum.
As long as prices hold above ₹1,06,500, the uptrend bias remains intact.

Bollinger Bands:

Price is trading closer to the upper Bollinger band, showing bullish bias but also hinting at resistance near the top end.
A minor dip towards the mid-band would present a fresh accumulation opportunity.

Pivot Points (Previous Day):

Support: ₹1,06,500 – ₹1,06,250
Resistance: ₹1,07,300 – ₹1,07,600
Sustained trade above pivot support zones keeps the outlook positive.

RSI Indicator:

RSI at 61 signals healthy momentum without being overbought.
Suggests room for further upside as long as dips hold above support.

MACD:

MACD line remains above signal line, reflecting continued bullish undertone.
Histogram bars remain positive, indicating sustained buying momentum.

ADX:ADX remains moderate, showing trend strength is building but not yet overheated.Intraday View:

Strategy: Buy on dips
Entry Zone: ₹1,06,500 – ₹1,06,600
Stop-Loss: ₹1,06,150

Upside Targets:

First Target: ₹1,07,300
Second Target: ₹1,07,600

Conclusion:Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. Traders should adopt a buy-on-dips strategy near ₹1,06,500 for upside targets towards ₹1,07,300–₹1,07,600, keeping risk defined with a stop-loss at ₹1,06,150.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)

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The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

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