15 Jul 2020 ● 06:08 AM
Gold MCX prices have been trading just below the trendline of the last 2 highs which is near 49,440. A move above that will result in an extended wave iii of iii in the days ahead. The next level is where iii=i at 50950. A move that started from 8 June bottom need to complete the broader 5 wave structure before the up move is complete.