{"id":14088,"date":"2026-05-29T11:12:26","date_gmt":"2026-05-29T05:42:26","guid":{"rendered":"https:\/\/banitoday.com\/gold-price-prediction-whats-the-outlook-for-gold-prices-recover-on-may-29-2026-what-should-investors-do\/"},"modified":"2026-05-29T11:12:26","modified_gmt":"2026-05-29T05:42:26","slug":"gold-price-prediction-whats-the-outlook-for-gold-prices-recover-on-may-29-2026-what-should-investors-do","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/gold-price-prediction-whats-the-outlook-for-gold-prices-recover-on-may-29-2026-what-should-investors-do\/","title":{"rendered":"Gold price prediction: What&#8217;s the outlook for gold prices recover on May 29, 2026 &#038; what should investors do?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131382382,imgsize-109162,width-400,height-225,resizemode-4\/gold-price-prediction.jpg\" alt=\"Gold price prediction: What's the outlook for gold prices recover on May 29, 2026 &amp; what should investors do?\" title=\"Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image)\">Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Gold price prediction<\/span><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\"> today: <\/span><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Gold prices seem to be seeing some rebound and the outlook remains constructive, says Jateen Trivedi, VP Research Analyst &#8211; Commodity and Currency, LKP Securities recommends a buy on dip strategy.<\/span><span class=\"id-r-component br\" data-pos=\"4\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Buy on Dips Strategy; Support Seen Near \u20b91,56,300\u2013\u20b91,56,400<\/span><span class=\"id-r-component br\" data-pos=\"6\"\/>Gold futures on MCX are trading near \u20b91,56,600 after staging a strong recovery from recent lows. The price action suggests that buyers have regained control following a sharp rebound, with prices now holding above key short-term support levels. The overall intraday structure remains constructive as long as the support zone continues to hold.<span class=\"id-r-component br\" data-pos=\"8\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Technical Setup<\/span><span class=\"id-r-component br\" data-pos=\"10\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">EMA 8 &amp; EMA 21:<\/span><span class=\"id-r-component br\" data-pos=\"12\"\/>The 8 EMA has crossed above the 21 EMA, indicating a bullish shift in short-term momentum. <!-- -->Prices are trading above both moving averages, confirming that dips are likely to attract fresh buying interest.<span class=\"id-r-component br\" data-pos=\"17\"\/><span class=\"id-r-component br\" data-pos=\"18\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Bollinger Bands:<\/span><span class=\"id-r-component br\" data-pos=\"20\"\/>Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. This indicates strengthening momentum and supports a continuation of the recovery move.<span class=\"id-r-component br\" data-pos=\"22\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Price Structure:<\/span><span class=\"id-r-component br\" data-pos=\"24\"\/>The chart reflects a strong V-shaped recovery after a sharp sell-off. Higher highs and higher lows on the intraday timeframe indicate renewed buying interest and accumulation near support zones.<span class=\"id-r-component br\" data-pos=\"27\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">RSI Indicator:<\/span><span class=\"id-r-component br\" data-pos=\"29\"\/>RSI is near 57, comfortably above the neutral 50 mark, suggesting improving bullish momentum while still leaving room for further upside.<span class=\"id-r-component br\" data-pos=\"31\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">MACD:<\/span><span class=\"id-r-component br\" data-pos=\"33\"\/>MACD has witnessed a bullish crossover with positive histogram expansion, confirming strengthening upward momentum.<span class=\"id-r-component br\" data-pos=\"35\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\u2060Intraday Trading View<\/span><span class=\"id-r-component br\" data-pos=\"37\"\/><\/p>\n<div class=\"cdatainfo modify_cdata_list_style id-r-component \" data-pos=\"38\">\n<ul>\n<li>\u2060Strategy: Buy on dips<\/li>\n<li>\u2060Entry Zone: \u20b91,56,300 \u2013 \u20b91,56,400<\/li>\n<li>\u2060Stop-Loss: Below \u20b91,55,800<\/li>\n<li>\u2060Target: \u20b91,57,200<\/li>\n<\/ul>\n<\/div>\n<p><span class=\"id-r-component br\" data-pos=\"39\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Bias: Bullish above \u20b91,56,300; weakness resumes only below \u20b91,55,800.<\/span><span class=\"id-r-component br\" data-pos=\"41\"\/>Gold\u2019s intraday technical structure has turned positive following a sharp recovery from lower levels. <!-- -->The bullish EMA crossover, improving RSI, and positive MACD setup indicate strengthening momentum. Traders may consider buying on dips near \u20b91,56,300\u2013\u20b91,56,400, maintain a strict stop-loss below \u20b91,55,800, and look for an upside move toward \u20b91,57,200 during the session.<span class=\"id-r-component br\" data-pos=\"45\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Bias: Buy on Dips | Support: \u20b91,56,300\u2013\u20b91,56,400 | Target: \u20b91,57,200<\/span><span class=\"id-r-component br\" data-pos=\"47\"\/>BUY GOLD JUN FUT \u20b91,56,300\u20131,56,400 | SL \u20b91,55,800 | TARGET \u20b91,57,200.<span class=\"id-r-component br\" data-pos=\"49\"\/><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)<\/span><span class=\"id-r-component br\" data-pos=\"51\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/gold-price-prediction-today-what-is-the-gold-rate-outlook-for-mayl-29-2026-should-you-buy-or-sell-mcx-gold\/articleshow\/131382341.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image) Gold price prediction today: Gold prices seem to be seeing some rebound and the outlook remains constructive, says Jateen Trivedi, VP Research Analyst &#8211; Commodity and Currency, LKP Securities recommends a buy on dip strategy.Buy on Dips [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14088","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/14088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=14088"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/14088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/14089"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=14088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=14088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=14088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}