HDFC Gold Exchange Traded Fund technical analysis

According to the latest Pivot data, HDFC Gold Exchange Traded Fund’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹131.06, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹132.59, ₹134.18, and ₹135.71, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹129.47, ₹127.94, and ₹126.35, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HDFC Gold Exchange Traded Fund’s price movement.