- First chart shows weekly time frame with price breaking support levels. Price is nearing the next support level at 18.14 levels.
- Second chart shows the Death cross in weekly chart. If the low at 18 Breaks on closing basis this Death cross can extend its gains.
- Monthly chart shows the next fib support level of 78.6% near 17.30 levels. If this level holds a bounce is likely to happen.
- GOLD DEATH CROSS Of Weekly Chart
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- Crucial range for nifty is between 6129 - 6263. Closing beyond these levels may result in bigger moves.
- Chart 2 and 3 shows price testing crucial support line and 50 Day SMA. Breaking these levels will strengthen bears of Nifty.
- GOLD DEATH CROSS Of Weekly Chart
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