Gold is showing final leg towards south zone has been started to unfold wave 5, which can probably go near $ 1660. On the way up side $ 1792 is an invalidation level.
As per RK's mass psychological cloud also, it is suggesting bearish. once it breaks below $ 1754 then more fireworks can be seen on chart.

RK's mass psychological cloud sell activated

4 hourly macd negative

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My studies are for educational purpose only.
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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