Gold prices have shown resilience amid global uncertainties, hovering around key support levels as investors weigh economic signals and policy shifts. On February 13, 2026, the metal trades near MCX levels of approximately 158,500 per 10 grams, reflecting a rebound from recent dips while facing resistance at higher marks. This outlook explores fresh predictions and tactical sell-on-rise approaches for prudent trading.
Current Market Snapshot
Market participants note gold’s bounce from trendline supports on weekly charts, maintaining a bullish bias despite intra-day volatility. Technical analysts point to sustained momentum as long as prices hold above 148,400, the 30-day exponential moving average acting as a critical floor. Broader sentiment remains constructive, driven by ongoing geopolitical tensions and central bank buying trends.
Key Price Drivers
Several factors underpin gold’s trajectory today. Persistent inflation concerns in major economies, coupled with President Trump’s recent policy announcements on trade tariffs, bolster safe-haven demand. A weakening US dollar against emerging market currencies, including the rupee, adds upward pressure, while silver’s parallel rally signals strength across precious metals. Physical demand from India and China during wedding seasons further supports prices.
Short-Term Predictions
Experts forecast gold pushing toward 175,000 on MCX in the near sessions if it breaks decisively above 160,755 resistance. J.P. Morgan’s global research aligns with this optimism, projecting averages near $5,055 per ounce by late 2026, climbing to $5,400 by year-end amid supply constraints. However, overbought signals on daily RSI charts suggest potential pullbacks before fresh highs.
| Factor | Bullish Case | Bearish Case | Target Level (MCX Gold) |
|---|---|---|---|
| Technical Support | Hold above 148,400 | Break below triggers sell-off | 175,000 |
| US Dollar Index | Weakening to 102 | Rebound above 105 | 165,000 |
| Geopolitical Risks | Escalating Middle East tensions | De-escalation pacts | 170,000 |
| Central Bank Buying | India/China add 200t quarterly | Slowdown in reserves | 160,755 |
Sell-on-Rise Strategies
For traders eyeing profits, a sell-on-rise tactic suits the current setup where gold struggles to sustain highs. Target exits near 165,000-170,000 intra-day, with stop-losses trailed to 152,000 to lock gains. This approach capitalizes on momentum fades, especially if equity markets rally on positive US earnings data. Long-term holders should view dips to 148,400 as buying windows, avoiding panic sales.
Long-Term Forecast
Looking beyond February, gold’s uptrend persists with higher highs and lows intact on monthly charts. Analysts like those from Nuvama foresee sustained advances fueled by deficit spending and rate-cut expectations from the Fed. By mid-2026, consensus points to MCX levels crossing 180,000, assuming no major dollar surge disrupts the cycle. Diversified portfolios benefit most from 5-10% allocations here.
Risk Management Tips
Smart decisions hinge on disciplined levels. Monitor weekly closes above supports for bullish confirmation, and scale out on rallies exceeding 3% daily moves. Pair trades with silver, targeting its 315,000 upside, can hedge volatility. Always align positions with personal risk tolerance, using leverage sparingly in choppy sessions.
Investor Considerations
Retail investors in India, facing festive demand pulls, should prioritize sovereign gold bonds over physical for tax edges. Global funds like GLD ETFs offer liquid exposure without storage hassles. As prices consolidate, patience rewards those blending technicals with macro views for optimal entries.
FAQs
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Will gold hit 175,000 soon? Likely if it clears 160,755, per technical outlooks.
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Is now a good time to sell? Yes for intra-day rises, with stops at 148,400.
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What drives 2026 highs? Central banks and dollar weakness primarily.
Disclaimer
The content is intended for informational purposes only. You can check official sources; our aim is to provide accurate information to all users.
