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Gold is at an important level

Gold Futures (MCX:GOLD1!)  
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MCX:GOLD1!   Gold Futures
Trend Analysis Chart Patterns Technical Indicators Relative Strength Index (RSI) confluence retracement ATH Commodities Gold MCX alltimehigh
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trendanalysis chartpattern indicator relativestrengthindex confluence retracement ath commodities gold mcx alltimehigh
Gold has been a consistent performer even when the equity markets faced a bit of headwind. It's now reached an important zone – 23.6% FIB, RSI 60 and 50MA on the Weekly chart. Clearing this level and holding above 50,000 could be pretty important in reclaiming the ATH!

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