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01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Gold Above 59650 SL Below 59450 TGT 59950/60100 - Axis Securities
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Gold

MCX Gold opened on a flat note and buying momentum throughout the session let it to trade near the day's high the chart pattern suggests tha if gold crosses and sustains above 59650 level it would witness buying which would push the price towards 59950-60100 levels Important support for the day is around 59200.

BUY GOLD ABOVE 59650 SL BELOW 59450 TGT 59950/60100

 

Silver

MCX Copper opened with a downward gap and traded with extreme volatility on either side.The chart pattern suggests that if Copper crosses and sustains above 713 level it would witness buying which would push the prices towards 718-722 leveles. Important support for the day is around706

BUY SILVER ABOVE 713 SL BELOW 709 TGT 718/722

 

 

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