01-01-1970 12:00 AM | Source: Axis Securities Ltd
Sell Gold Below 59700 SL Above 59900 TGT 59400/59200 - 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

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Gold

MCX Gold opened on a flat note and witnessed selling for most part of the session. The chart pattern suggests that if Gold breaks and sustains below 59700 level it would witness selling which would drag the price towards 59400-59200 levels. Important e resistance for the day is placed at fo L 60300.

SELL GOLD BELOW 59700 SL ABOVE 59900 TGT 59400/59200

Silver

MCX Silver opened on a flat note and a eo witnessed selling for most part of the a session. The hourly strength indicator RSIlis moving downwards and is Teooo quoting below its reference line mass LL. THSooo indicating negative bias. Silver continues to remain in a downtrend Ve ioc in the short to medium term, so 73500 selling on rallies continues to be our Fao preferred strategy.

SELL SILVER BELOW 74000 SL ABOVE 74600 TGT 73200/72700

 

 

 

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