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As per the chart above, gold is trying to take a U-Turn. It can slip for 47460 – 46760 – 46260 levels.

As per the S-RSI, it will start running upside soon for the dynamic resistance level of 53900. Hence, targets: 49560 – 50000 – 52000 – 53000+

Don’t forget to keep your eyes on downtrend level 46260.

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