Gold update :
CASE. 1: Holding and sustaining above 151138 - 151700 may lift gold price to 152666.
Down side retracement from 152666 may drag Gold price to 150984 & 149943.
Case 1 A :
After giving the downside retracement and crossinh above 152666 (Again) will lift..
📊 NIFTY OUTLOOK | KEY LEVELS TO WATCH
🔹 Upside Triggers
A close above 22,520 strengthens the case for a move towards 22,777 — the Ceiling Candle (High = Close) formed on October 6.
Further upside levels to watch:
- 22,888
- 22,972 — MBB in the Daily Time Frame (DTF)
📌 An Important Technical Observation
Nifty has not crossed the MBB in the Daily Time Frame since August 3.
🕯️ Candlestick Psychology | Three-Candlestick Theory
If the coming week turns bullish, watch for confirmation of a Morning Star pattern in the Weekly Time Frame (WTF).