Sell Copper Below 631.50 SL ABOVE 635 TGT 627/626 - Axis Securities Ltd
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GOLD
MCX Gold price has given negative breakout from consolidation range, price is expected to trade negatively. asso Sustaining below 47230 would drag down the price lower towards 47000/46900 levels in intraday. The tum indicator RSI is trading at azann 30 and it is forming lower lows and ly lower highs which is bearish sign for rae the prices.
SELL GOLD BELOW 47230 SL ABOVE 47400 TGT 47000/46900
COPPER
MCX Copper price has given negative F breakout from consolidation range 622.50 price is expected to trade negatively. a Sustaining below 631.50 would drag ’ a S88 down the price lower towards 627/626 eae levels in intraday. The price has azo started trading below 9&21 hourly Ps EMA which is a bearish sign for the Pere Prices.
SELL COPPER BELOW 631.50 SL ABOVE 635 TGT 627/626
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