BUY Gold Above 58150 SL Below 57900 TGT 58450/58700 - Axis Securities Ltd
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GOLD
MCX Gold opened with a downward gap and traded with volatility on either side. The chart pattern suggests that if Gold crosses and sustains above 58150 level it would witness buying which would push the price towards 58450-58700 lev els. Important support for the day is around 57900.
BUY GOLD ABOVE 58150 SL BELOW 57900 TGT 58450/58700
COPPER
MCX Copper opened with an upward gap and witnessed selling for the first p[art of the session. The chart pattern suggests that if Copper crosses and sustain above 718 level it would witness buying which would poush the price towards 723-727 levels.Important support for the day is around 710.
BUY COPPER ABOVE 718 SL BELOW 714 TGT 723/727
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