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01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Copper Above 760 SL Below 756 TGT 765/759 - Axis Securities
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Gold

MCX Gold price is trading near the resistance of falling trend line, price is expected to trade positively. Any breakout above 48150 would push the price higher towards 48400/48500 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.

BUY GOLD ABOVE 48150 SL BELOW 48000 TGT 48400/48500

 

Copper

MCX Copper price is trading near the resistance of the bullish flag pattern, price is expected to trade positively.Any breakout above 760 would push the price higher towards 765/769 levels intraday. The momentum indicator RSI is trading at 60 which shows strength in the prices.

Buy Copper Above 760 SL Below 756 TGT 765/759

 

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