Crude Mildly Positive Gold Flat | Today Commodity Market News Outlook 17 April 2018.


Bullion - Opens on mixed Note Gold -31270-31280 Silver -39100-39130 

Energy - Opens on mixed Note Crude Oil - 4360-4370 Natural Gas -179.50-179.80 

Base Metals - Opens on mixed Note Copper -448.60-448.80 Nickel -925-930 Lead -154.50-154.70 Zinc - 206.30-204.40 Aluminium -157.40-157.80



MCX Gold futures traded up Monday, as the dollar fell, but gains were muted as financial markets bet that air strikes on Syria would not escalate into a wider conflict. Moreover, price has taken middle Bollinger band support a at 30950. which indicate a reversal move in the prices.

MCX Silver price closed up on Monday. On a daily Chart, MCX Silver has taken support of Ichimoku cloud; which indicate a reversal move in the prices.

MCX Copper prices closed up on Monday after customs data showed imports of raw materials by China improved during the first quarter

MCX Lead prices closed up on Monday. On the daily chart price trading below “Ichimoku cloud”; which indicate a further bearishness in price , Moreover, price has stabled below 100 DEMA, which act as resistance zone. 

MCX Crude prices flat on Monday as investor concern waned about escalating tensions in the Middle East following air strikes on Syria over the weekend


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