Gold Silver MCX Tips Today Rocking Bullion Rocket. Gold technical Forecast : On chart, the Relative Strength Index (RSI) indicator is edging higher toward 60, suggesting that gold has more room on the upside before becoming technically overbought.
- WTI stays positive while flirting with February 2020 top.
- Overbought RSI conditions probe bullish chart formation around nearby resistance.
- 21-day SMA, channel support close adjacent doors for seller’s entry.
- Headlines from OPEC meeting will be the key to follow.
Bullion Market : Gold and silver futures prices in the domestic market dipped further on Monday, following the massive fall in the previous session, as the US dollar firmed and economic conditions showed improvement.
Gold Silver Tips Today & Latest Reports : Gold Tips Today Rocking 50,890 To 51,144 All Target Hit – Neal Bhai Reports. सोना और चांदी ने नए साल की शुरुआत धमाकेदार कर दी है. मल्टी कमोडिटी एक्सचेंज (MCX) पर सोने का फरवरी वायदा करीब 2 परसेंट की तेजी दिखा रहा है.
Buy Crude oil MCX 3553—3545 Target 3590–3618 SL PAID – Neal Bhai. Crude Oil yesterday settled down by 0.34% at 3554 coming under pressure from concerns new fast-spreading variants of the coronavirus will lead to reduced fuel demand.
Copper prices CMCU3 have extended their sharp recovery last week from the March lockdown lows of $4,371 to $7,973.5 a tonne, the highest since February 2013, buoyed by China’s solid demand and hefty investments by speculators amid monetary policy easing. views the current prices do not reflect fundamentals and the rally has been overdone.