MCX Zinc Forecast For Today: Zinc future in the 1D chart has formed a “Falling Channel” in which we can see that zinc is gradually been recovering and trying to make a higher high we can see from the levels of 263 on 29th Nov it has now touched a high of 284 which is one of a strong rally of the past couple of months.
MCX Gold Forecast for Today: Investors cautious ahead of Fed Meeting minutes
MCX Gold Forecast for Today: After being under pressure and a series of negative returns, gold prices snapped the losing streak and concluded Tuesday’s session on a positive note. The yellow metal ended Tuesday’s session at 0.14% higher.
Fed minutes and flash PMIs in focus
Fed minutes Outlook: A rebound in oil prices, and a weaker US dollar helped markets in Europe reverse their Monday losses and close at three-month highs in an otherwise lacklustre session.
MCX Natural Gas Jackpot Call: All Target Achived 504 to 544.50
MCX Natural Gas Jackpot Call: All Target Achived 504 to 544.50
MCX Naturalgas High 544.50
40 Points Done
Profit 1,00,000 in 2 lots
Gold Price Zoom on Russia jitters, Silver High 62950; Buy Yellow Metal on Dips
Gold price is outperforming silver today as risk on sentiment has increased after Poland was hit by a missile. Right after the news, gold witnessed a temporary price spike and was within touching distance of $1800. However prices have retraced back as findings are ongoing whether the missile is from Russia or Ukraine.
MCX Gold Price Forecast on Diwali 2023 By Neil Bhai [HINDI]
एमसीएक्स गोल्ड नियर टर्म फ्यूचर्स का कारोबार 48951 रुपये से बढ़कर 52119 रुपये हो गया है।
- सोने में लंबी अवधि के लिए 48200 के ऊपर जब तक है सोने को खरीद कर चलें
- 100% रिट्रेसमेंट 48951 रुपये और 52740 रुपये हैं। ये प्रारंभिक समर्थन और प्रतिरोध हैं।
- एमसीएक्स सोना निकट भविष्य में 48200 रुपये से नीचे गिरेगा, अगर यूएसडी/आईएनआर मूल्य के अनुसार सराहना करता है या गिरता है। 54500 रुपये के शुरुआती प्रतिरोध को तोड़ना भी आसान नहीं होगा, जब तक कि अमेरिकी डॉलर के मूल्य में सोने को कुछ मारक क्षमता न मिले।
- अगले साल की दिवाली तक देखने के लिए ट्रेडिंग रेंज रु.48200-रु.54500 है।
- 2023 की दिवाली तक 18 फीसदी की बढ़ोतरी एमसीएक्स पर सोना वायदा के लिए मुश्किल होगी। जो लोग पंद्रह प्रतिशत से अधिक निवेश रिटर्न की तलाश में हैं, उन्हें सोने से बचना चाहिए। मेरा न्यूनतम लक्ष्य अगली दिवाली तक दस प्रतिशत की वृद्धि है। भारत में सोने का निवेश रिटर्न भारतीय दस साल के बॉन्ड यील्ड के बराबर या उससे अधिक होगा, लेकिन निफ्टी फ्यूचर्स या चुनिंदा शेयरों में निवेश बहुत कम होगा।
Copper price sees weakness below $3.40 as recession fears escalate
Copper prices drop below Monday’s lowest price as recession fears have escalated in the US economy. The base metal has delivered a south-side break of the consolidation formed in a narrow range of $3.41-3.44 and is aiming for more weakness as accelerating interest rates are challenging growth rate projections.
Natural Gas Forecast: Natural Gas now looks at the 200-day SMA
Natural Gas Forecast: Prices of the natural gas extended the rebound from multi-month lows (October 24) amidst rising open interest and volume on Tuesday, hinting at the view that further recovery stays on the cards in the very near term. The next up barrier of note, in the meantime, appears at the 200-day SMA, today at $6.718 per MMBtu.
Silver Prices Target: Silver treads water above $19.55
Silver Price Target: Silver prices are trading higher for the second consecutive day on Wednesday, with the white metal (Chandi) extending its recovery from the $18.75 low on Tuesday to two-week highs at $19.75, where it seems to have found a significant resistance hurdle.
Gold And Rupee Forecast: Rupee has Depreciated sharply against the US dollar
Gold And Rupee Forecast: Rupee has depreciated sharply against the US dollar and it has been more of global factors that are keeping the rupee weighed down. On the domestic front, the concern is more to do with higher inflation following an uptick in global crude oil prices, and on the global front central bank action is influencing currencies, commodities, and treasuries.