Buy Gold Above 71300 SL. Below 71100 TGT 71600/71800 - 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 71300 level it would witness buying which would push the price towards 71600-71800 levels. Important support for the day is around 70500.
BUY GOLD ABOVE 71300 SL. BELOW 71100 TGT 71600/71800
Copper
MCX Copper opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Copper crosses and sustains above 867 level it would witness buying which would push the price towards 874-879 levels. Important support for the day is around 858.
BUY COPPER ABOVE 867 SL. BELOW 863 TGT 874/879
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