Technical Levels of Gold and other Major Commodities
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Gold
Gold has support at 47930 and resistance at 48150. Break and sustain below 47930 will take it to the next support level of 47800…47600 and sustainable trade above 47150 and see further upside move towards the next resistance level of 47300…47500.
Copper
Copper has support at 727 and resistance at 733. Sustainable trade above 733 will see the upside move towards 736…740 and if sustained below 727 can catch the downside move towards 723…719 respectively.
Zinc
Zinc has support at 266 and resistance at 269.50. Selling can see this counter below 266 for the targeting towards 264…271.50 and sustainable trade above 269.50 will see the upside move towards 272…274.
Crude Oil
Crude oil has support at 5480 and resistance at 5545. Sustainable trade below 5480 can see more downside towards 5440…..5380 and if sustained above 5545 will see the upside move towards 5590…5640 levels.
Rest Commodities levels we will provide only to our paid subscribers.
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