Major MCX Commodities Today’s Evening Session Technical Support and Resistance Levels
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Gold has support at 50700 and resistance 51000. Break and sustain below 50700 will take it to the next support level of 50550…50400 and sustainable trade above 51000 can see further upside move towards the next resistance level of 51150…51300
Silver has support at 61500 while resistance at 62100. Sustainable trade below 61500 will take it to 61200…60900 very soon. If it breaks and sustains the resistance level of 62100 then will take it to 62400—62800, respectively.
Copper has support at 787 and resistance at 794 Sustainable trade above 794 will see the upside move towards 797, 800 and if sustained below 787 can catch the downside move towards 784, 781 respectively.
Zinc has support at 324.50 and resistance at 329 Break and sustained below 324.50 will see the downside move 322—320 and if sustained above 329 can see further upside towards 331…333 level.
Aluminium has support at 231 and resistance at 235.50 Sustainable trade below 231 can see the downside move towards 229…227 and if sustains above 235.50 will take it to 237, 239 very soon.
MCX Commodities, Natural Gas support has 721 and resistance 732. Sustainable trade above 732 can see more rally towards the next level of 738, 744 and if sustained below 721 then can move towards 716…710.
Crude Oil has support at 9150 and resistance at 9230. Sustainable trade below 9150 can see more downside towards 9100…9060 and if sustained above 9230 will see the upside move towards 9270…9300 levels.
Trade safely with levels. More will update during the evening session on our Telegram Channel and will send to our WhatsApp followers.
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