MCX:GOLD1!   GOLD FUTURES

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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