Gold Silver Reports — Crude oil may open on positive path on short covering as it can move in range of 3100-3200.
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Aluminium MCX Trading Zone 105-110
Gold Silver Reports — Aluminium on MCX settled up 0.79% at 108.65 as prices hit its highest level in nearly six weeks as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting.
Natural Gas MCX Trading Zone 171-179
Gold Silver Reports — Natural gas on MCX settled down -0.17% at 175.10 overall prices traded in the range as traders are waiting for weekly inventory that is expected to show a heavy stockpiles which may continue to limit rallies.
Gold Analysis Reports By Neal Bhai
Gold Analysis Reports By Neal Bhai — Gold price didn’t show any strong move since morning, to keep fluctuating near 1285.00 level, noticing that stochastic gets rid of its negativity clearly and reaches the oversold levels thresholds, to provide positive motive that we wait to support the chances for bouncing higher in the upcoming period.
Zinc MCX Trading Levels 132-144
Gold Silver Reports — Zinc on MCX settled up 0.47% at 138.10 gained tracking LME Zinc prices which has surged as much as 25 percent in 2016 to the highest since July as miners supply less of the ore concentrate that’s refined to produce the metal, just as demand rebounds in China, the biggest user.
Natural Gas MCX Trading Levels 155 -185
Gold Silver Reports — Natural Gas on MCX settled up 6.71% at 173 surged to a nearly 9-month high after weekly data showed stockpiles rose less than expected, stoking expectations that US supplies could be falling at a time of rising demand.