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MCX Gold: Descending Channel Pattern with Breakout at Upside

Long
MCX:GOLD1!   GOLD FUTURES
MCX gold will keep moving further advance up to the targets of 50000 - 51000 levels. But after the first target, gold will try to take a reversal for 0.382 to 0.236 levels of retracement.

Long-term Targets: 51575 - 52492+
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