Some commodity traders have ramped up withdrawals of zinc from London Metal Exchange warehouses in recent months. However, the drawdowns may not be to fulfill customers’ spot demand, which is almost non-existent, multiple sources and traders told Fastmarkets. Zinc stocks in LME warehouses in Asia have dwindled to as little as 41,950 tonnes as of Monday September 29. This is the lowest level since April 2023.
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MCX Copper Jackpot Calls, 30-Oct-2018 – Neal Bhai Reports
MCX Copper Jackpot Calls, 30-Oct-2018 – Neal Bhai Reports
Copper MCX Below 454 Sell On Rise Buy Karna Mana Hai – Neal Bhai Reports
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Commodities Weekly Forecast 29-10-18 To 02-11-18 – Neal Bhai Reports
Commodities Weekly Forecast 29-10-18 To 02-11-18 – Neal Bhai Reports – Live Commodities Weekly Forecast price and stock news, free commodities weekly report, spot market prices, free live gold price/rate in India, free mcx tips, crude oil price, silver price, metal prices and commodity trading tips and information at GoldSilverReports.com
Spot Gold Weekly Technical Outlook – 29-Oct-2018
Technical Outlook – Technical Outlook: In our last Gold Weekly Technical Outlook, we continued to highlight a critical resistance confluence at $1238/1243, “a region defined by the 38.2% retracement of the yearly range, the 100% extension of the advance off the August low, the December swing low and the long 200-week moving average.” Price is testing this zone now and a weekly close above is needed to keep the immediate long-bias viable.
Diwali Muhurat Trading 2018: MCX, NSE, BSE Trading Time on 7 November; Updates Here
“A special live trading session shall be held on Wednesday, November 07, 2018 on account of Muhurat trading on Diwali,” National Stock Exchange said in a circular. “All trades executed in this Diwali Muhurat trading session shall result in settlement obligations,” NSE said in a statement.
Spot WTI Crude Technical Analysis October 24, 2018
Crude oil suffered heavy losses in the previous day and closed near the day low. The sudden bearish breakout turns the trend into bearish. Fortunately, no lower low printed on weekly basis, the price needs to move below $64.40 to print a lower low.