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Gold

MCX Gold price has given a negative  s2100 breakout, price is expected to trade  52000 negatively. Sustaining below 51350  s1800 would drag the price lower towards  S180 51000/50900 levels intraday. The price . 51700 has been trading below 9,21&60 P8185. hourly EMA which is a bearishness in S150 the prices.

SELL GOLD BELOW 51350 SL ABOVE 51550 TGT 51000/50900

Natural Gas

MCX Natural gas price is trading inside the ascending broadening wedge pattern, price is expected to trade positively. Any breakout above 432 would push the price higher towards 438/442 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a bearishness in the prices.

BUY NATURAL GAS ABOVE 432 SL BELOW 428 TGT 438/442

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