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Gold: Descending Channel Pattern with Breakout at Upside

Posted: 01 Jun 2021 01:23 AM PDT

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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