Gold Silver Reports — Technically market is getting support at 3135 and below same could see a test of 3110 level, And resistance is now likely to be seen at 3190, a move above could see prices testing 3224.
Analysis
At Gold Silver Reports, our market analysis provides expert insights on gold, silver, crude oil, base metals, and MCX commodities. Stay updated with trend forecasts, price movements, and actionable strategies to make smarter trading decisions.
- Get Detailed Technical Analysis Reports, xauusd technical analysis, Stock Trends, candlestick technical analysis, Commodity Market, Chart Patterns and Technical Analysis of Commodities, Technical & Fundamental Reports, Gold ETF, Market Forecast and Market Outlook for major Indices and Stocks of Indian Stock Market.
- MCX Analysis today, MCX Commodity daily Support & Resistance levels, MCX Levels, Commodity Price Trends, Best Technical Analysis Report.
Gold MCX Short Covering; Resistance Zone at 28954
Gold Silver Reports — Technically gold market is under short covering as market has witnessed drop in open interest by 4.99% to settled at 3999.
Silver MCX Under Short Covering; Support Zone at 41710
Gold Silver Reports — Technically silver market is under short covering as market has witnessed drop in open interest by -7.94% to settled at 11633 while prices up 592 rupees.
MCX Zinc Intraday Support Level at 180
Gold Silver Reports — Technically MCX Zinc is under long liquidation as market has witnessed drop in open interest by 9.27% to settled at 4335 while prices down 3 rupees.
Copper Shows Strength, Closes Above INR 380 On Wednesday
Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17,000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164,000 tons for 2015.
MCX Aluminium Buying, Support Zone at 122
Gold Silver Reports — Technically Aluminium market is under fresh buying as market has witnessed gain in open interest by 3.83% to settled at 1817 while prices up 1.05 rupees.
Silver MCX Strong Resistance Level at 41333
Gold Silver Reports — Technically market is under short covering as market has witnessed drop in open interest by 1.39% to settled at 13655 while prices up 311 rupees.