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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.