Buy Silver Above 69400 SL Below 68900 TGT 70200/70600 - Axis Securities
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GOLD
MCX Gold price is trading near resistance level, price is expected to trade positively. Any breakout above 47900 next leg of the rally would push the price higher towards 48100/48300 levels in intraday. The momentum indicator RSI is trading at 68 it shows bullishness in the prices
BUY GOLD ABOVE 47900 SL BELOW 47750 TGT 48100/48200
SILVER
MCX Silver price is trading under consolidation range, price remains to trade positive. Any breakout above 69400 next leg of the rally would push the price higher towards 70200/70600 levels in intraday. Price has been trading above 60100 hourly EMA which is a bullish sign for the prices.
BUY SILVER ABOVE 69400 SL BELOW 68900 TGT 70200/70600
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