Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Axis Securities Ltd
Sell Gold Below 46700 SL Above 46900 TGT 46450/46300 - Axis Securities
News By Tags | #5481 #473

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold

MCX Gold price is trading inside the descending triangle pattern, price is expected to trade negatively. Any break down below 46700 would drag the price lower towards 46450/46300 levels intraday. The price has been trading below 9,21&60 hourly EMA which is a bearish sign for the prices.

 

SELL GOLD BELOW 46700 SL ABOVE 46900 TGT 46450/46300

 

Silver

MCX Silver price has given negative breakout from expanding triangle pattern, price is expected to trade - 24500 negatively. Sustaining below 63500 would drag the price lower towards ease 63000/62700 levels in intraday. The momentum indicator RSI is trading at 28 soos it shows bearishness in the prices.

 

SELL SILVER BELOW 63500 SL ABOVE 63900 TGT 63000/62700

 

To Read Complete Report & Disclaimer Click Here

 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer