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 ₹84.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹86.09, ₹86.84, and ₹88.23, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹83.95, ₹82.56, and ₹81.81, 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.