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Gold price prediction: What’s the outlook for August 22?

Gold prices on MCX are stabilizing around ₹99,300, suggesting a potential ‘Buy on Dips’ strategy near the ₹99,000 support zone. Technical indicators like RSI and MACD signal renewed buying strength and improving bullish momentum. Analysts suggest targets of ₹99,750 and ₹1,00,300 – ₹1,00,530 if the price sustains above ₹99,000.

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