Buy Gold ABOVE 71800 SL. BELOW 71500 TGT 72200/72500 - Axis Securities Ltd
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 71800 level it would witness buying which would push the price towards 72200-72500 levels. Important support for the day is around 71400
BUY GOLD ABOVE 71800 SL. BELOW 71500 TGT 72200/72500
SILVER
MCX Silver opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Silver crosses and sustains above 92500 level it would witness buying which would push the price towards 94000-94500 levels. Important support for the day is around 90300.
BUY SILVER ABOVE 92500 SL BELOW 91500 TGT 94000/94400
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Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financi...