🟡 Gold Crosses Historic ₹1 Lakh Mark! What’s Next?

Gold has officially crossed the psychological ₹1,00,000 mark for the first time ever, driven by rising geopolitical tensions—especially the escalating uncertainty between Israel and Iran. This has fueled safe-haven buying globally, with bullion continuing to attract investor interest amid global risk-off sentiment.

🔍 Technical View:

• 📉 Immediate Support: ₹99,400

• 📈 Crucial Resistance: ₹1,00,600
  

If Gold sustains above ₹1,00,600, we expect a swift rally towards ₹1,01,400, followed by our final target near ₹1,02,222 in the upcoming sessions. On the other hand, a daily close below ₹99,400 could trigger a corrective move and weaken momentum.

🧠 Our Take:

This breakout is not just sentimental—it’s supported by macroeconomic triggers and technical strength. Traders should keep an eye on global developments and key support/resistance levels for strategic entries. This rally could still have legs, but profit-booking near resistance can’t be ruled out.

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