Gold Mega MCX Future Intraday Technical Analysis - 23 Feb., 26

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Gold Mega MCX Future Intraday Technical Analysis - 23 Feb., 26Gold FuturesMCX:GOLD1!ChartPathikGOLD1! Gold Futures — Structure Outlook (2-Hour | MCX) (If these levels help your planning or swing execution, a quick boost or comment supports consistent, structured market analysis.) Gold is trading around 156,980, rebounding from a deep pullback and now pressing into the 156,800–157,100 supply / equilibrium zone. Price remains capped below a descending trendline, keeping the broader structure corrective unless a decisive reclaim occurs. This is a decision area, not a chase zone. Bullish Structure Longs activate above 157,793, provided price accepts above the trendline and sustains above prior rejection levels. Targets: 158,595 – first major resistance and booking zone 159,702 – extended upside if trendline breakout holds Control: Swing control below 156,826 Aggressive longs must exit on failure back below 156,803 Bearish Structure Shorts activate below 156,803, especially if price rejects from the trendline / zero-line confluence. Targets: 155,011 – first downside objective 153,904 – extended correction target if weakness accelerates Control: Immediate short covers required above 158,075 Avoid holding shorts if price accepts above the trendline Neutral Zone 156,803 – 157,108 is the key inflection band. Inside this zone, price is reactive — wait for acceptance, not candles. This setup is built for structure, patience, and higher-timeframe discipline. No prediction, no emotional bias — let acceptance decide direction. If this framework adds clarity to your swing planning, a boost or comment keeps this disciplined approach consistent.