MCX Gold prices witnessed a strong recovery; on the daily chart, an inverted hammer is followed by strong bullish candle. The hourly RSI is in a positive crossover. On the lower end support seen at 48000 while on the higher end resistance seen at 48850.
MCX Crude Oil price found resistance around 3370 and slipped lower. The hourly RSI has entered in negative crossover. On the lower end support seen at 3250/3200 while on the higher end resistance seen at 3400.
MCX Copper price remains sideward. However, overall bias remained positive. The hourly RSI is in positive crossover. On the lower end support seen at 579 while on the higher end resistance seen at 595.
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