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MCX gold has been trading within the upward trend channel but showing range bound phenomenon since the past two days forming higher tops and higher bottoms. The commodity witnessed buying sentiments...
Lead and zinc inventories gained at London Metal Exchange (LME) on Friday by 1225 and 192 ton. Aluminium stock declined 3425 tons while lead stocks have fallen by 1225 tons. Nickel stocks declined by...
MCX natural gas is trading with the wind. Positive economic outlook is pushing the futures in to bullish territory. The commodity is showing shade of bullish rallies, but there exists a doubt on the...
Silver closed higher on Thursday. The high range close set the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain...
Gold closed higher on Thursday. The midrange close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral...
Natural Gas closed higher on Thursday. The high range close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI have turned bearish signalling that...
US Oil closed higher on Thursday. The high range close sets the stage for a steady to higher opening when Friday's night session begins. Stochastics and the RSI have turned bearish signalling that...
Nickel inventories gained at London Metal Exchange (LME) on Thursday by 522 ton. Nickel was the only gainer in list. Aluminium stock declined 8675 tons while Lead stocks have fallen by 2975 tons. Zinc...
Crude Oil is always the prince of commodities. Even if the commodity fails to rally, it always remembers to survive like a king. Aggressive sell off at higher levels failed to make a dent in crude oil...
Silver maintains the fluctuating stance, in-between 23.50-22.00 resistance and support levels, and thus the bullish wave continue to be intact. Holding above 22.00 will keep our bullish scenario...
Silver closed lower on Wednesday as it extends this week's trading range above the 25% retracement level. The midrange close set the stage for a steady opening when Thursday's night session begins...
Gold closed lower on Wednesday. The midrange close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are overbought but remain neutral...
Natural Gas closed higher on Wednesday. The midrange close sets the stage for a steady opening when Thursday's night session begins trading. Stochastics and the RSI have turned bearish signalling that...
US Oil closed lower on Wednesday as it extended this week's decline. The low range close sets the stage for a steady to lower opening when Thursday's night session begins. Stochastics and the RSI have...
Silver failed at 22.2 levels and retreated to 22.2-22 levels, the commodity may witness slight sell off at higher levels. Bullish scenario remains intact. RSI and Stochastic still shows a positive...
Gold may rebound for the day. The commodity gained after slumping to 1179 levels last month. The commodity still favours a bull rally at higher levels. The 1345 level remain as a crucial point for...
MCX Lead traded on positive bias, the commodity is yet to witness to selling sentiments. Lead was slumping around 120-125, but recovered and rallied to 143 levels.The 20 day SMA crossover at 123...