Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
Gold MCX dropped as the dollar regained some ground and uncertainty over Brexit eased, but downside seen after tepid U.S. inflation data.
The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
Commodities Weekly Research Report
MCX Weekly Forecast : 11 March To 15 March 2019
Gold could see a corrective bounce above $1,290, as the 4-hour chart is showing signs of bearish exhaustion.