MCX Gold sharply lower with a downward gap and selling pressure throughout-Axis Securities
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Gold
MCX Gold sharply lower with a downward gap and selling pressure throughout. The chart
pattern suggested the sustain below 58350 level it would witness selling which would drag the price towrds 5800-57800 levels. Important day is placed at 58700.
Copper
MCX Copper opened on flat note and buying momentum throughout the session let it trade near the day`s high. The chart pattern suggested that it copper crosses and sustain above 737 level it would push the pricetowrd 744-748 levels.important support for the day is arround.
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