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Gold

MCX Gold price has given a bullish breakout from the consolidation range, price ice is i expecte d to o trad trade positively. Sustaining above 47150 would push the price higher towards 48350/48500 levels intraday. The momentum indicator RS] is trading at0 and it is forming higher high formation which is bullishness in the prices. 

BUY GOLD ABOVE 48150 SL BELOW 48000 TGT 48350/48500

Natural gas

MCX Natural gas price is trading inside the rising trend line channel, price is expected to trade positively. Sustaining above 382 would push the price higher towards 396/403 levels intraday. The price has started trading| above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY NATURAL GAS IN THE RANGE OF 382-381 SL BELOW 370 TGT 396/403

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