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Gold

MCX Gold price is trading under rising trend, price is expected to trade positively. Any breakout above 46800  would push the price higher towards 47000/47100 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY GOLD ABOVE 46800 SL BELOW 46650 TGT 47000/47100

Natural Gas

MCX Natural gas price is trading inside the falling trend line channel, Price is expected to trade negatively. Sustaining below 357 would drag the price lower towards 348/345 levels in intraday. The 100 hourly EMA has crossed over 60 hourly EMA which is a bearish sign for the prices.

SELL NATURAL GAS BELOW 357 SL ABOVE 362 TGT 348/345

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