04-05-2022 04:16 PM | Source: Axis Securities Ltd
Buy Crude Oil Above 7950 SL Below 7800 TGT 8200/8250 - Axis Securities
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Gold

MCX Gold price is trading near the strong support levels, price is expected to trade negatively. Any breakdownbelow 51300 would drag the price lower towards 51000/50900 levels intraday. The price has started trading below 9,21&60 hourly EMA which is a bearishness in the prices.

SELL GOLD BELOW 51300 SL ABOVE 51500 TGT 51000/50900

Crude Oil

MCX Crude oil price has given a bullish breakout from falling line, price is expected to trade positively. Any breakout above 7950 would push the price higher towards 8200/8250 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY CRUDE OIL ABOVE 7950 SL BELOW 7800 TGT 8200/8250

 

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