Price made higher high whereas the RSI is unable to make a new high which tells us that Gold may correct till the previous breakout levels which is approximately 2800. Multiple divergence on RSI at 80 levels may push the price down.
The finance sector of Indian stock market is leading even in the current fall, If the market stabilizes and recovers from here finance sector will lead and large cap stocks stocks like BAJFINANCE, BAJAJFINSV, CHOLAFIN, SHRIRAMFIN, HDFCBANK, ICICI BANK will be the frontrunners.
