MCX Gold Trading Strategy for Intraday Traders

Gold is taking reversal from the strong support (SS) level (48635). And at present, it's very close to the SS. Can we see a reversal again?

If gold remains above SS, then it can touch the following levels: 49000 - 49200 - 49400

But according to RSI , MA, & DMI, it seems in a downtrend. So, if MCX gold breaks the support level , we may see the following targets: 48460 - 48260 - 48000

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