02-08-2022 04:08 PM | Source: Axis Securities Ltd
Buy Gold Above 48300 Sl Below 48150 TGT 48500/48600 - Axis Securities
News By Tags | #5481 #473

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Gold 

MCX Gold price is trading higher since strong resistance breakout, price is expected to trade positively. Sustaining above 48300 would push the price higher towards 48500/48600 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY GOLD ABOVE 48300 SL BELOW 48150 TGT 48500/48600

Aluminium

MCX Aluminium price has given a I lt te ma bullish resistance breakout, price is expected to trade positively Sustaining above 255 would push the  price higher towards 257.50/259 levels  intraday. The momentum indicator oar RSI is trading at 68 and it is forming  ses higher highs which isa bullish sign p for the prices.

BUY ALUMINIUM ABOVE 255 SL BELOW 253 TGT 257.50/259

 

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