Commodity Mantra Morning Update: Gold, Oil steady, while Base Metals mixed

Here is our technical view on Commodities.

November 26, 2020 7:17 IST India Infoline News Service

MCX Gold prices remained sideward throughout  the session.  The hourly RSI is in a negative crossover. On the lower end support seen at 48000 while on the higher end resistance seen at 49000.
MCX Crude Oil price moved above previous consolidation on the hourly chart. The daily RSI has entered in positive crossover. On the lower end support seen at 3300 while on the higher end resistance seen at 3470.

MCX Copper price moved within a range during the session. The daily RSI is in positive crossover. On the lower end support seen at 554 while on the higher end resistance seen at 566.

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