Selling in gold at few level.

Gold has already touched the sky due to fear in equity .there mighty be selling pressure at few level
The long term trend is in uptrend supporting 200days moving average .A dip is expected for further continuation of an uptrend
POSSIBILITY OF DIP might be in range of 47400 - 48000.

Most imp part is that its short term trend is in down trend since first week of august ,the long term trend will not continue untill it breaks the short term down trend.
Beyond Technical AnalysisTrend Analysis

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