As expected, gold has started collapsing after a breakout of the test level. Will it keep falling?
First, click here and read the previous article on gold: When Will MCX Gold explode?
Today’s Gold Chart →
I have written in clear words, “If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46860 – 46600 – 46000 – 45660 – 45200“.
Gold has touched the first three targets by making a low of 45861. Profit per lot Rs.2,10,000 [Free Jackpot Call]
Anyway, what next? Gold can take a U-turn from here. This can be up to 46760 levels. Overall, it’s under a downtrend.
Further information I will update soon to the premium members only.
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