01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Gold Above 48400 SL Below 48200 TGT 48650/48800 - Axis Securities
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Gold

MCX Gold price is trading inside the ascending triangle pattern, price is expected to trade positively. Any breakout above 48400 would push the price higher towards 48650/48800 levels intraday. The price has been trading above 60&100 hourly EMA which is a bullishness in the prices.

BUY GOLD ABOVE 48400 SL BELOW 48200 TGT 48650/48800

 

Aluminium

MCX Aluminium price is trading inside the rising trendline channel, price is expected to trade positively. Any breakout above 217 would push the price higher towards 219.50/221 in intraday. The price has been trading above 60&100 hourly EMA which is a bullishness in the prices.

BUY ALUMINIUM ABOVE 217 SL BELOW 215 TGT 219.50/221

 

 

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