GOLD BULL RALLY TO TAKE IT TO Rs. 1,15,000 SOON


GOLD MONTHLY CHART


GOLD DAILY CHART

PRICE ACTION FACTOR : GOLD IN MCX last week closed at 107728, forming WHITE OPENING MARUBOZU in Weekly chart and LONG WHITE CANDLE in Daily chart. Both this candles are representatives for Bulls. Price had moved along the trend line through time and gained momentum after August 4th week touch down to the trend line.

RSI FACTOR : RSI count for Monthly, Weekly and Daily chart respectively stands at 91.2, 73.3 and 78.1. Price broken out the existing negative divergence on 28 August, 2025. 


VIEW :: Global uncertainty can take price towards 1,15,000 by the end of the coming September 2nd week or starting of the 3rd week. 


 

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