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Gold

17 Jun 2020 ‚óŹ 07:56 AM

Gold MCX took support on the 20 day moving average at 46,770 and the move beyond the recent high of 47,680 would amount to a higher high higher low pattern which in classical Dow theory is the definition of an uptrend. Once wave 5 up starts it should continue to the top end of a broader channel for the previous 3rd wave that started in March.

gold 170620

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