GOLD STRUCTURE PLAY (MCX)

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GOLD STRUCTURE PLAY (MCX)Gold FuturesMCX:GOLD1!VikasBajajICT🔍 Price Action Breakdown: On 23 March 2026, Gold executed a liquidity grab below previous lows. Sharp displacement move followed: 129,615 → 145,040 (Strong bullish intent) Market has now formed a Equal Low (EQ Lows) zone — a classic liquidity pool. ⚡ Current Market Expectation: Short-term: Market may enter a consolidation / resting phase near current levels. Next Move (High Probability): 🔻 Sweep of Equal Lows (liquidity grab) ➜ Followed by strong bullish expansion 📊 Institutional View (SMC Logic): Liquidity exists below EQ Lows Smart Money typically: Grabs liquidity Induces sellers Moves aggressively upward ➡️ Same model expected here. 🎯 Trading Plan: For Positional Traders: ✅ Buy on dips near liquidity zones ✅ Accumulate gradually (no FOMO entries) Target: 🎯 2,15,000 (Long-Term Swing Target) 📐 Prospective Fibonacci Zones: 0.5 Retracement → ~136,000 0.618 Golden Zone → ~133,500 Deep Discount Zone → 129,000 – 130,000 ➡️ These zones act as high-probability accumulation areas ⚠️ Risk Note: Break below 129,000 invalidates current bullish structure Until then, bias remains Bullish 🧠 NIFTYKING Insight: "Smart Money never chases price… it creates liquidity first." 🔖 Hashtags: #NIFTYKING #GoldAnalysis #MCXGold #SmartMoneyConcept #ICT #LiquidityGrab #PriceAction #SwingTrading #CommodityTrading #GoldOutlook #Fibonacci #InstitutionalTrading