Gold to loose its shine! Let's see how muchAfter a Fantastic Bull run for Gold.
I see it's loosing it shine to some extent.
It's time to kiss EMA20 (Monthly) after 2 Year when Gold last touches EMA 20 of Monthly time frame in OCT 2023 @ 62500. About 2 Years back.
Today Gold Future in MCX is 95500 There is a good support @ 93500 but if it breaks this convincingly it should loose its shine till 85000 where it would meet the EMA20 (Monthly).
This should happen in next 1-2 months.
In case it can't hold 85000 then the next level of support it would find @ 75000 to make it fair and lovely again.