By earn 
Technical Update!! Gold prices on MCX are experiencing continuous selling pressure following the recent duty cut by the Indian Government. The technical structure of the monthly chart appears weak, with prices breaking below the three-month low. The critical support level stands at 67,020, and given the robust monthly volume, a further decline seems likely. If prices break and sustain below 67,020, they may drop to 65,400 or even 63,200. On the upside, 68,020 serves as a significant resistance level.
The appreciating USD/INR pair could limit the fall in gold prices. On the Comex, gold prices might correct and find support around $2,290, while facing strong resistance at $2,480.
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