Long

Gold- Long term Trend

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CURRENCYCOM:GOLD, GOLD1! Gold is considered a safe investment when the equity market is very high. And Indian stock market has seen a tremendous rally without any significant corrections. Hence, while reviewing chart patterns in gold prices, I could see a classic Cup and Handle formation on the weekly chart suggests we could see a trend reversal in Gold in upcoming months.

I will be happy to hear suggestions about my analysis and observation.

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