Pagination for custom posts loop

Post loop with pagination in the shortcode [title-snippet type=”post” limit=”5″]:

function wpc_shortcode_title( $atts ) {
extract( shortcode_atts( array( 'limit' => 5, 'type' => 'post'), $atts ) );

$paged = get_query_var('paged') ? get_query_var('paged') : 1;  

query_posts(  array ( 
    'posts_per_page' => $limit, 
    'post_type' => $type, 
    'order' => 'ASC', 
    'orderby' =>'menu_order', 
    'paged' => $paged ) );

$list=" ";   

while ( have_posts() ) { the_post();

    $list .= '<article class="listing-view clearfix">' 
    . '<div class="listing-content">' 
    . '<h3><a href="' . get_permalink() . '">' . get_the_title() . '</a></h3>' 
    .'<p>' . get_the_excerpt() . '</p>'
    . '<a href="' . get_permalink() . '">' . 'View &raquo;' . '</a>'
    . '</div>'
    . '<a class="listing-thumb" href="' . get_permalink() . '">' . get_the_post_thumbnail($page->ID, 'listing-thumb')  . '<span></span></a>'
    . '</article>';
}

return 
'<div class="listings clearfix">' 
. $list 
. '<div class="nav-previous">' . get_next_posts_link( __( '<span class="meta-nav">&larr;</span> Older posts' ) ) . '</div>'
. '<div class="nav-next">' . get_previous_posts_link( __( 'Newer posts <span class="meta-nav">&rarr;</span>' ) ) . '</div>'
. '</div>' .
wp_reset_query();

}
add_shortcode( 'title-snippet', 'wpc_shortcode_title' );