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GOLD

Gold prices is trading in a range between 47400 and 47700 from past few days. Prices edged lower in last trading session and closed around the strong support zone of 47400 levell. We expect some bounce back in Gold from the current level as long as the support zone of 47300 level is intact in Gold around the lower level. Traders can buy Gold around 47400 level for the target of 47500 on intraday basis.

BUY GOLD AROUND 47400 SL BELOW 47300 TGT 47500/47600

NATURAL GAS

Natural gas prices rallied higher in last trading sessin and it closed near 304 level. Overall trend is looking positive for prices as it is trading above 20 and 60 days EMA and RSI is also above 60 indicating high momemtum in prices.Traders can buy Natural gas around on dips around 300 for the target of 303 on intraday basis .

BUY NATURAL GAS AROUND 300 SL BELOW 297 TGT 303/307

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