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Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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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.
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Crude Oil on MCX settled down -0.36% at 4690 as attention shifted to the risk of oversupply, with market participants shrugging off escalating tensions between the United States and Iran. Earlier in session, the market had risen after President Donald Trump warned of dire consequences for Iran if it threatened the United States.
USD/INR Report – Above 69 Only Blast 69.10—69.15, Where Above 69.25 Hurdel Cross and Close above, We See Blast Target 70 or My Ultimate Target 74, Just Need Patience
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Gold Silver Reports (GSR) – Last night the US dollar index gained 0.48% to close at 94.96 on Federal Reserve Board chairman Jerome Powell’s remarks that back more rate increases as the economy is growing “considerably stronger”. Robust data from the US industrial production and home builder confidence also provided support.