Sell Gold Below 51800 SL Above 52000 TGT 51500/51300 - Axis Securities
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Gold
MCX Gold opened sharply lower with naane a downward gap and selling pressure | sa200 throughout the session. The chart - 83100 je ASOD pattern suggests that if Gold breaks Dose and sustains below 51800 level it Les 82809 would witness selling which would . s2e00 lead the It towards 51500-51300 levels. - a Important Resistances for the day are . 52300 placed at 52200.
SELL GOLD BELOW 51800 SL ABOVE 52000 TGT 51500/51300
Crude Oil
MCX Crude Oil opened with a downward gap and selling pressure throughout the se@ss510n. The price 15 moving in a Lower Top and Lower Bottom formation on the hourly chart indicating negative bias. Crude Oil P70 Ls Foe continues to remain in a downtrend L 7eo0 . 7 . 7 LTT in the intraday, so selling on rallies _ continues to be our preferred Toso Fee strategy.
SELL CRUDE OIL BELOW 7450 SL ABOVE 7550 TGT 7310/7260
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