Gold Mini MCX Future Intraday Technical Analysis - 8 June, 26

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Gold Mini MCX Future Intraday Technical Analysis - 8 June, 26Gold Mini FuturesMCX:GOLDM1!ChartPathikGOLDM1! Gold Mini Futures — Intraday Structure Outlook (15-min | MCX) Next Sharing is Only After 10 Boosts, or Next Monday! (If these levels support your preparation or execution, a quick boost or comment helps maintain structured updates.) Gold Mini is trading around 153,608, pinned right against the Zero Line – 153,712. The commodity has plunged into a severe liquidation phase, gapping down and carving out lower structural bounds. Macro forces are in absolute control this morning: Friday's strong US Non-Farm Payrolls (NFP) report showed hot job gains (+172,000) and substantial upward revisions (+93,000), which has forced global markets to price in a hawkish "higher-for-longer" interest rate stance from the Federal Reserve. As a result, the US Dollar Index and bond yields have surged, drastically crushing the safe-haven and non-yielding appeal of precious metals while triggering cascading long-unwinding across MCX counters. Price action is currently consolidating tightly near its recent lows; a decisive break away from this pivot band will confirm the next directional expansion phase. Bullish Structure Longs activate above 155,274 (Long Entry) sustained acceptance (confirmed further only if price manages a massive structural recovery to reclaim and hold above the 153,712 Zero Line). Targets: 155,963 – first upside objective 157,355 – extended expansion zone Control: Intraday bullish structure weakens below 154,845 (Add Long Pos.) Sustained trade below 154,060 (Long Exit) cancels aggressive counter-trend longs Bearish Structure Shorts activate below 154,415 (Short Entry), especially given that the price is structurally trapped and consolidating with a heavy overhang below the 153,712 Zero Line ceiling. Targets: 151,461 – first downside objective 150,069 – extended breakdown zone Control: Immediate short covering required above 155,629 (Short Exit) Bias remains structurally protected below the 156,666 (Sell Till Safe) distribution wall Neutral Zone 154,060 – 155,274 is the decision band. Inside this specific pocket, price action is likely to be rotational and choppy due to reactive domestic currency adjustments following the dollar's surge. Given the intense bearish momentum dominating the 15-minute timeframe in image_31277e.png, do not guess structural bottoms. Wait for clean candle close acceptance outside these boundaries. Structure first. Confirmation next. Execution last. No anticipation. No emotional bias. Let price confirm intent.