Buy Gold Above 48400 SL Below 48200 TGT 48650/48800 - Axis Securities
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GOLD
MCX Gold price has given strong resistance breakout, price is expected to trade positively. Sustaining above 48400 would push the price higher towards 48650/48800 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY GOLD ABOVE 48400 SL BELOW 48200 TGT 48650/48800
COPPER
MCX Copper price is trading near the resistance of falling line, price is expected to trade positively. Any breakout above 743 would push the price higher towards 748/752 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY COPPER ABOVE 743 SL BELOW 739 TGT 748/752
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