Buy Gold Above 56800 SL Below 56650 TGT 57100/57300 - Axis Securities
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Gold
MCX Gold opened with an upward gap and remained lackluster within a narrow trading range throughout the day. The chart pattern suggests that if Gold crosses and sustains above 56800 level it would witness buying which would push the price towards 57100- 57300 levels. Important support for the day is around 56500.
BUY GOLD ABOVE 56800 SL BELOW 56650 TGT 57100/57300
Copper
MCX Copper opened on a flat note and buying momentum throughout the session. The chart pattern suggests that if Copper crosses and sustains above 704 level it would witness buying which would push the price towards 710-713 levels. Important support for the day is around 695,
BUY COPPER ABOVE 704 SL BELOW 700 TGT 710/713
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