SBI Gold Exchange Traded Scheme - Growth Option technical analysis

According to the latest Pivot data, SBI Gold Exchange Traded Scheme - Growth Option’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 ₹130.69, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹132.2, ₹133.4, and ₹134.91, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹129.49, ₹127.98, and ₹126.78, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SBI Gold Exchange Traded Scheme - Growth Option’s price movement.