Buy Gold Above 48200 SL Below 48000 TGT 48450/48600 - Axis Securities
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Gold
MCX Gold price given consolidation breakout, price is expected to trade positively. Sustaining above 48200 would push the price higher towards 48450/48600 levels intraday, The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY GOLD ABOVE 48200 SL BELOW 48000 TGT 48450/48600
Copper
MCX Copper price has given a Negative trendline breakout, price is expected to trade negatively.Sustaining below 717 would drag down the price lower towards 712/710 levels in intraday. The price has started trading below 9,21&60 hourly EWA which is a bearish sign for the prices.
Sell Copper Below 717 SL Above 721 TGT 712/710
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