Sell Silver Below 64500 SL ABOVE 64900 TGT 63800/63600 - Axis Securities
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GOLD
MCX Gold price is trading inside the symmetrical triangle pattern, price is expected to trade negatively. Any breakdown below 44650 next leg of correction would drag down the price lower towards 44450/44350 levels in intraday. The momentum indicator RSI] is trading at 41 it shows bearishness in the prices.
SELL GOLD BELOW 44650 SL ABOVE 44800 TGT 44450/44350
SILVER
MCX Silver price is trading inside the falling trend line channel, price is expected to trade negatively. Any breakdown below 64500 would drag down the price lower towards 63800/63600 levels in intraday. The price has been trading below 9,21&60 hourly EMA which is a bearish sign or the prices.
SELL SILVER BELOW 64500 SL ABOVE 64900 TGT 63800/63600
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