01-06-2022 04:24 PM | Source: Axis Securities Ltd
Sell Gold Below 47500 SL Above 47700 TGT 47250/47100 - Axis Securities
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Gold

MCX Gold price has given a negative Price is expected to trade Nagativly Sustaining below 47500 Would drag the price lower towards47028/47100 levels intraday. The momenrum indicator RSI is trading at ming lower lows which bearishness in the prices. 

SELL Gold BELOW 47500 SL ABOVE 47700 TGT 47250/47100

Silver

MCX Silver price has given negative breakout from consolidation range, Price is expected to trade negatively. Sustaining below 60300 would drag the price lower towards 59600/59200 levels intraday. The price has started trading below 9,21&60 hourly EMA which is a bearishness in the prices.

SELL SILVER BELOW 60300 SL ABOVE 60700 TGT 59600/59200

 

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