Sell Copper Below 733.50 SL Above 738 TGT 729/726 - Axis Securities
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Gold
MCX Gold price is trading inside the symmetrical triangle pattern, price remains to trade positively. Any breakout above 47970 would push the price higher towards 48150/48250 levels intraday. The price has started trading above 60 hourly EMA which is a positive sign for the prices.
BUY GOLD ABOVE 47970 SL BELOW 47820 TGT 48150/48250
Copper
MCX Copper price is trading under pressure, price is expected to trade negatively. Any break down below 733.50 would drag down the price lower towards 729/726 levels in intraday. 100 hourly EMA seen crossing over 60 hourly EMA which is a death cross over.
SELL COPPER BELOW 733.50 SL ABOVE 738 TGT 729/726
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