BUY GOLD ABOVE 46800 SL BELOW 46600 TGT 47100/47200 - Axis Securities
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Gold
MCX Gold price has given a bullish ST SOT L 27400 breakout from consolidation range, |. 47200 price toa is G expected to trade positively, Pe (GOLD [GOLD HOURLY HOURLY CHART) CHART] | [Seo Sustaining above 46800 would push P #7000 the price higher towards 47100/47200 p 29209 levels in intraday. The price has Mean started trading above 9,21&60 hourly ee EMA which is a bullish sign for the P a6808 L. 26200 prices.
BUY GOLD ABOVE 46800 SL BELOW 46600 TGT 47100/47200
Natural gas
MCX Natural gas price has given a bearish breakout, price is expected to trade negatively. Sustaining below 215 would drag down the price lower towards 210/208 levels in intraday. The momentum indicator RSI is trading at 33 which shows negative 211 213 217 signs for the prices.
SELL NATURL GAS BELOW 215 SL ABOVE 219 TGT 210/208
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