Sell Gold Around 55950 SL Above 56100 TGT 56800/56500 - Axis Securities
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GOLD
Gold prices rallied higher in the evening session as weaker than expected Consumer confidence data lifted bullion prices higher. Prices settled around 55800 with a gain of more than 300 points. On daily chart immediate resistance zone is seen around 55950 as it is trading below 20 days EMA. Traders can sell near the mentioned resistance level if 55950 is protected on the upside for the target of 55800 on intraday bassi
SELL GOLD AROUND 55950 SL ABOVE 56100 TGT 56800/56500
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