Gold Mcx
Gold Mcx
Expect near term correction to sideways volatility
unless 49800 is crossed immediately
for trend trend breakout.
RSI has shown a negative divergence.
A fall today with bearish candle suggest a swing top
for near term correction and sideways volatility.
A retracement of the last rally could happen
for correction and consolidation before making any
further attempt to move higher.
Confirmation of correction can be below today low from
tomorrow onwards.
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