Sell Gold BELOW 47800 SL ABOVE 48000 TGT 47550/47400 - Axis Securities
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SILVER
MCX Gold price has given negative breakout from ascending triangle pattern, price is expected to trade negatively. Sustaining below 47800 would drag the price lower towards 47550/47400 levels intraday. The price has started trading below 20 hourly EMA which is a bearishness in the prices.
SELL GOLD BELOW 47800 SL ABOVE 48000 TGT 47550/47400
COPPER
MCX Copper price is trading near the trend line support level, price is expected to trade negatively. Sustaining below 739 would drag the price lower towards 733/730 levels in intraday. The price has started COPPER HOURLY CHART below 9,21&60 hourly EMA which is a bearishness in the prices.
SELL COPPER BELOW 739 SL ABOVE 7543 TGT 733/730
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