Buy Gold Above 45150 SL BEOW 45000 TGT 45350/45500 - Axis Securities
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GOLD
MCX Gold price is trading near the strong resistance level of consolidation range, price is expected to trade positively. Any breakout above 45150 would push the price higher towards 45350/45500 levels in the coming days. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY GOLD ABOVE 45150 SL BEOW 45000 TGT 45350/45500
CRUDE OIL
MCX Crude oil price has given negative breakout, price is expected to trade negatively. Sustaining below 4670 would drag down the price lower towards 4610/4580 levels in intraday. The price has started trading below 0&60 hourly EMA which is a bearish sign for the prices.
SELL CRUDE OIL BELOW 4670 SL ABOVE 4710 TGT 4610/4580
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