GOLD MCX EDUCATIONAL IDEA

Gold mcx
Descending parallel channel pattern breakout along with good intensity of volume,
along with rsi breakout and directing towards north.
Just to learn or educational purpose
One can go long at breakout with stop loss of breakout candle's low which is pegged at 46854
for targets of 47569, 48111, 48808, and 49558.

This is just a learning purpose idea.

Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing