Buy Gold Above 48000 Sl Below 47850 TGT 48200/48300 - Axis Securities
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GOLD
MCX Gold price is trading near resistance the of the symmetrical triangle pattern Price is expected to trade .positively Any breakout above 48000would push the price higher towards 48200/48300 levels intraday. The two hourly momentum indicator RSI is trading at 53 and it is forming higher highswhich is a bullishness in the prices.
BUY GOLD ABOVE 48000 SL BELOW 47850 TGT 48200/48300
COPPER
MCX Copper price has given a bullish breakout, price is expected to trade positively. Sustaining above 756 wtould push the price higher towards 762/768 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the Prices.
BUY COPPER ABOVE 756 SL BELOW 751 TGT 762/768
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