Technical Levels of Major MCX Commodities
Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate
Gold (Aug)
Gold has its support at 48450 and resistance at 48730.
Break and sustain above 48730 could test 49300-49500 or else it could test its support again.
Fresh selling will do on a close below 48450.
Trade with the levels only.
Silver (July)
Silver has its support at 69800 and resistance at 70850.
Break and sustain above 70850 could test 71500-72000 or else it could test its support again.
Fresh selling will do at a close below 69800.
Trade with the levels only.
Crude oil (June)
crude oil has its support at 4980 and resistance at 5080
Break and sustain above 5080 could test 5150-5200 or else it could test its support again.
Fresh selling will do on a close below 4980.
Trade with the levels only.
Copper (June)
Copper has its support at 730 and resistance at 741
Break and sustain above 740 could test 750-760 or else it could test its support again.
Fresh selling will do at a close below 730.
Trade with the levels only.
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