10-07-2021 04:17 PM | Source: Axis Securities Ltd
Buy Copper Above 717 SL Below 712 TGT 724/728 - Axis Securities
News By Tags | #5481 #473

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Gold

MCX Gold price is trading near the resistance of ascending triangle pattern, price is expected to trade positively. Any breakout above 47000 would push the price higher towards 47250/47400 levels intraday. The price has been trading above 60&100 hourly EMA which is a bullish sign for the prices.

BUY GOLD ABOVE 47000 SL BELOW 46800 TGT 47250/47400

Copper

MCX Copper price is trading inside the symmetrical triangle pattern, price is expected to trade positively. Any breakout above 717 would push the price higher towards 724/728 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.

BUY COPPER ABOVE 717 SL BELOW 712 TGT 724/728

 

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