Buy Gold Above 72200 SL BELOW 72000 TGT 72500/72700 - Axis Securities Ltd
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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 72200
level it would witness buying which would push the price towards 72500-72700 levels. Important support for the day is around 71700.
BUY GOLD ABOVE 72200 SL BELOW 72000 TGT 72500/72700
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 85900 level it would
witness buying which would push the price towards 86800/87200 levels. Important support for the day is around 84400.
BUY SILVER ABOVE 85900 SL. BELOW 85400 TGT 86800/87200
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