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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