The Australian dollar posted losses of over 0.40% against the US Dollar, and the latter remains supported by US President-elect Donald Trump’s tariff threats. At the time of writing, the AUD/USD trades at 0.6204 after bouncing off daily lows of 0.6187.
Forecast
Spot Gold Update and Report By Neal Bhai [25-Aug-2022]
Spot Gold Forecast: Keep Eye on Spot Gold $1,785 Level. If Close above $1,785 then Next Target Price 1800——$1815
ZINC LME Tips and Forecast – Below 2566 Down Side Target 2520—2460 – Neal Bhai Reports
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.
Silver Spot Strong Hurdle or Laxman-Rekha $16.25, Forecast By Neal Bhai
Technical Analysis By CFA’s Technical Team
Silver spot strong hurdle or laxman rekha $16.25 Trade Below Bear will overhand sell on rise good way.
Commodities Weekly Research Report Forecast and Prediction 21-05-18 To 25-05-18
Trend Sideways ⇒ Sell Gold MCX Between 31320 – 31420, Stop Loss (CBSL) – 31820 Target – 30860 ↔ 30544 ↔ 30380
Trend Sideways ⇒ Sell Silver MCX Between 40700 – 40900, Stop Loss (CBSL) – 41444, Target – 39780 ↔ 39280
Natural Gas Prices Analysis Forecast, December 11, 2017
Gold Silver Reports – Natural gas prices attempted to bounce, but were rejected after breaking down on Thursday in the wage of an unexpected draw in natural gas inventories reported by the Energy Information Administration.