Buy Gold Above 59220 SL Below 59000 TGT 59500/59700 - Axis Securities
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GOLD
MCX Gold opened sharply lower with a downward gap and selling pressure throughout the session. The chart pattern suggests that if Gold crosses and sustains above 59220 level it would witness buying which would push the price towards 59500-59700 levels. Important support for the day is around 58800.
BUY GOLD ABOVE 59220 SL BELOW 59000 TGT 59500/59700
COPPER
MCX Copper opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Copper crosses and sustains above 702 level it would witness buying which would push the price toward 708-712 levels. Important support for the day is around 695.
BUY COPPER ABOVE 702 SL BELOW 698 TGT 708/712
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