Buy Gold Above 59050 SL Below 58850 TGT 59300/59500 - Axis Securities
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Gold
MCX Gold opened with an upward gap and remained in positive terrain throughout the day.The chart pattern suggests that if Gold crosses and sustains above 59050 level it would witness buying which would push the price towards 59300-59500 levels.Important support for the day is around 58700.
BUY GOLD ABOVE 59050 SL BELOW 58850 TGT 59300/59500
Crudeoil
MCX Crudeoil opened on a flat note and buying momentum throughout the session. The chart pattern suggests that if crudeoil crosses and sustains above 6700 level it would witness buying which would push the price towards 6850-6900 levels.Important support for the day is around 6600.
BUY CRUDEOIL ABOVE 6700 SL BELOW 6600 TGT 6850/6900
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