MENU

Published on 18/11/2020 5:53:26 PM | Source: Axis Securities Ltd

Sell Gold In The Range Of 50480-50500 SL ABOVE 50600 TGT 50330/50200 - Axis Securities

Posted in Commodities Reports| #Commodity Tips #Axis Securities Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Gold

MCX Gold price has seen resistance build up near 50% retracement and failed to sustain,price is expected to trade negatively.Sustaining below 50480 would drag the price lower towards 50330/50200 levels intraday.price is trading below 9,21&60 hourly EMA which is bearish sign for the prices.

SELL GOLD IN THE RANGE OF 50480-50500 SL ABOVE 50600 TGT 50330/50200

 

Silver

MCX silver price is trading near lthe trend in line support, price is expectedto trade negatively . Any brekedown below 62700 woold drag down the price lower towards 6200/61700levl in intrady. The momentum indicator RSI is informing lower lows and lower higjs which is a bearish sign for the prices.

SELL SILVER BELOW 62700 SL ABOVE 63200 TGT62000/61761700

 

To Read Complete Report & Disclaimer Click Here

 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer