Gold Technical Trading Levels : The data published by both the IHS Markit and the Institute for Supply Management (ISM) on Friday revealed that the business activity in the US’ manufacturing sector contracted sharply in April.
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Gold Technical Price Outlook : Down
Gold Technical Price Outlook : The recent pullback in gold may gather pace in May as the Reserve Bank of Australia (RBA) and Bank of England (BoE) are expected to keep interest rates at a record low, and the wait-and-see approach for monetary policy may dampen the appeal of bullion as governments across the advance economies unveil plans to roll back lockdown laws.
MCX Gold Tips Update – Gold Full Target Done 45950 To 44740 – Neal Bhai
MCX Gold Tips Update – Gold Full Target Done 45950 To 44740 – Gold Melting Like Ice……….. MCX Gold Call : MCX Gold Tips – Watch …
MCX Copper Trend – Above 395, Any Panic Buy Target 418—424
MCX Copper Trend : yesterday settled up by 0.07% at 408 as the market focused on stagnating economic activity and falling demand due to the coronavirus crisis, but production cuts by major miners due to lockdowns provided support.
MCX Nickel Tips – Day Trading Zone 927—942
MCX Nickel Tips – yesterday settled down by 0.55% at 937.3 after Philippines’ top two nickel miners said they expect to gradually resume mining and shipping operations in the country’s main ore-producing region starting on May 1, following shutdowns to contain the virus.
Gold Spot Rockhard Support Zone $1710—1700 – Neal Bhai Reports
Gold Spot Rockhard Support Zone $1710—1700 – Neal Bhai Reports
From last year’s Akshaya Tritiya, gold prices are now about 43% higher in India. In rupee terms gold is 43% up over Akshaya Tritiya 2019.
Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks
The U.S. benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note Friday.