MarketsWithKR

Gold is at an important level

MCX:GOLD1!   Gold Futures
Gold has been a consistent performer even when the equity markets faced a bit of headwind. It's now reached an important zone – 23.6% FIB, RSI 60 and 50MA on the Weekly chart. Clearing this level and holding above 50,000 could be pretty important in reclaiming the ATH!

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