Overall, MCX gold is collapsing. Look at the chart, if it breaks a low of 48924, we may see freefall up to .
According to 50 MA, gold will try to push the upside. If we see the gold closing price above the second top of the trendline, it will start rising to the levels of .
Here ADX is less than 25 and 200 MA throwing a direct sell signal. Please note the crossing of +DI and -DI before taking a new entry.
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