Gold price prediction: What's the outlook for August 29, 2025? Why 'buy on dips' strategy makes sense
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Gold futures on MCX are trading steadily near ₹1,02,150, signaling continued upward momentum. Jateen Trivedi of LKP Securities suggests a 'buy on dips' strategy for investors. Intraday traders can consider buying near ₹1,01,850, with a stop-loss at ₹1,01,450. Technical indicators, including moving averages and MACD, confirm bullish strength, though the RSI indicates near overbought conditions, advising caution. What's Your Reaction?
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