Sell Gold Mini in the range of 47010-47050 SL Above 47250 TGT 46750/46600 - Axis Securities
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Gold
MCX Gold mini price is trading near the consolidation range of strong support level, price is expected to trade negatively. Sustaining below 47010 would drag the price lower towards 46750/46600 levels intraday. The price has started trading below 9,21&60 hourly EMA which is a bearish sign for the prices.
SELL GOLD MINI IN THE RANGE OF 47010-47050 SL ABOVE 47250 TGT 46750/46600
Nickel
MCX Nickel price is trading inside the falling frend ine channel: price expected to trade negatively. Sustaining below 1407 would drag the price lower towards 1395/1390 levels in intraday. The price has started trading below 9,21&60 hourly EMA which is a negative sign for the prices.
SELL NICKEL BELOW 1407 SL ABOVE 1415 TGT 1395/1390
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