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Time delay estimation between two complex signals(IQ)

I need to time align two complex signals. I have two complex signals(IQ) and I need to do delay estimation and apply correction on one of the signal.

Cross-correlating the absolute values of two signals and finding the peak gives one answer while cross-correlating the complex values and then finding the peak from the absolute value of the obtained (complex)correlation gives another peak?

Which method shall I choose? what is the best way forward? Any insight into it?

g2g2
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