Crude Oil Forecast: Dropped below $78.00 as China’s Covid-19 cases rise

Last Updated On November 24, 2022 12:33 PM by Neal Bhai

Crude Oil Forecast: West Texas Intermediate (WTI), futures on NYMEX, have sensed selling pressure after a weak rebound to near $78.00 in the early European session. On Wednesday, the oil prices witnessed a perpendicular downside move after failing to sustain above the critical hurdle of $81.00.

MCX Gold Update: Gold Rises on Dovish US Fed Commentary, Resistance at Rs 53,080

Last Updated On November 24, 2022 11:20 AM by PIA CHAUHAN

FOMC meeting minutes Outlook: Gold price got some booster yesterday after FOMC meeting minutes tilted slightly dovish on US monetary policy. Some Fed officials were worried the Fed could be tightening monetary policy more than necessary.

Red Alert: Thanksgiving Day in United States may Test Gold bulls

Last Updated On November 24, 2022 9:22 AM by PIA CHAUHAN

Red Alert: Be it the market’s cautious optimism due to the expectations of softer interest rates or the downbeat statistics from the United States, not to forget the below-mentioned technical details, the Gold price has more positives to cheer about.

Fed Rate Hikes Hang over Gold – Neal Bhai Reports

Last Updated On November 23, 2022 9:07 PM by Neal Bhai

“The recent Gold price rally was triggered by softer-than-expected US inflation for October. However, we believe the market reaction to the latest inflation print was exaggerated as inflation remains near 7.7%, which is well above the central bank’s target of 2%. Further, the month-on-month increase was still 0.4% for both September and October.”

MCX Gold Hit Full Taget 52450 to 52068, Dabbe Wale ko Loot Lo

Last Updated On October 23, 2025 10:34 PM by Neal Bhai

MCX Gold Hit Full Taget 52450 to 52068, Dabbe Wale ko Loot Lo.

Gold’s Anti-Dollar Bounce Looks Like it Will Feel the Weight of Persistent Fed Forecasts

Last Updated On November 23, 2022 12:03 PM by Neal Bhai

Fed Forecasts: The bearish reversal from gold that followed the successful hold of the 38.2 percent Fibonacci retracement of the March 8th peak high to November 3rd range low at approximately 1,790 seems to have run out of short-term steam.