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Copper

Copper prices ended lower and closed near 721 in last trading session. On hourly chart immediate support can be seen around 720 level. Prices has taken multiple support around the mentioned level and has bounced back from that level. Indicating demand zone for prices. Traders can buy Copper around the mentioned level for the target of 723 on intraday basis.

BUY COPPER AROUND 720 SL BLEOW 717 TGT723/726

GOLD

Gold prices edged higher in last trading sessoin and it closed around the strong resistance zone of 48350 level. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also above 60 level indicating high momentum in pirces. Traders can buy Gold above 48350 level mark for the taget of 48450 on intraday basis.

BUY GOLD ABOVE 48350 SL BELOW 48250 TGT 48450/48550

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