Brent Crude Around 74 Dollar Gold Marginally Down | Today Commodity Market News 23 APRIL 2018.


Bullion - Opens on mixed Note Gold -31360-31370 Silver -40260-40300

Energy - Opens on mixed Note Crude Oil - 4540-4045 Natural Gas -181.50-182 

Base Metals - Opens on mixed Note Copper -461-462 Nickel -977-978 Lead -155-50-155.70 Zinc - 215.20-215.50 Aluminium -166.50-167



MCX Gold futures were slightly lower on Friday, in the absence of first-tier US economic data. On the daily chart, prices has taken support of 21 day SMA which indicate bullishness in the price.

MCX Silver price closed down on Friday. On a daily Chart, price has given “symmetrical pattern” upside breakout; which indicate a further bullishness in price .In addition, Price has sustained above “Ichimoku Cloud” where TenkanSen has crossed KijunSen, which suggest more bullish trend in the counter.

MCX Copper prices closed flat on Friday amid a bout of technical selling, although the outlook remains positive with demand expected to peak in the next few months.


MCX Zinc prices closed up on Friday. On the 4 hour chart, Price has taken support of falling trend line, which indicate price and given further pull back from there; which indicate a reversal move in the price.

0 comments:

Subscribe to: Post Comments (Atom)