Strike Analytics

Gold Mcx

23 Jul 202006:31 AM

Gold - went past the trendline of the last few highs that was at 49620, and now this level should act as a support in wave III up. III=I goes to 52420. The RSI is at 70 for gold mcx, however gold comex RSI is at 78 and more overbought. So a one day reaction would be normal. But wave III does not appear complete.

gd230720

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