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02-04-2024 04:48 PM | Source: Axis Securities Ltd
Buy Gold Above 69000 SL BELOW 68800 TGT 69300/69500 - Axis Securities Ltd

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Gold

MCX Gold opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Gold crosses and sustains above 69000 level it would witness buying which would push the price towards 69300-69500 levels. Important support for the day is around 68500.

BUY GOLD ABOVE 69000 SL BELOW 68800 TGT 69300/69500

 

Copper

MCX Copper opened on a flat note and buying momentum throughout the session let it trade near the day's high. The chart pattern suggests that if Copper crosses and sustains above 771 level it would witness buying which would push the price towards 777-780 levels. Important support for the day is around 765.

BUY COPPER ABOVE 771 SL BELOW 767 TGT 777/780

 

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