Buy Gold Above 47650 SL Below 47500 TGT 47900/48000 - Axis Securities
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Gold
MCX Gold price has given a bullish breakout from flag pattern, price is expected to trade positively. Sustaining above 47650 would push the price higher towards 47900/48000 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY GOLD ABOVE 47650 SL BELOW 47500 TGT 47900/48000
Silver
Silver price is forming a bullish Price is expected to trade . Sustaining above 63200 push the price higher towards levels intraday. The indicator RSI is trading at 67 and it is forming higher high which shows bullishness in the prices.
BUY SILVER ABOVE 63200 SL BELOW 62800 TGT 63800/64200
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