Commodity Mantra Morning Update: All commodities trade higher

Here is our technical view on Commodities.

December 18, 2020 7:15 IST India Infoline News Service

MCX Gold prices has moved above previous swing high. The daily RSI is in a positive crossover. On the lower end support seen at 50000 while on the higher end resistance seen at 51000.
MCX Crude Oil price has remained positive for the day. The daily RSI is in positive crossover. On the lower end support seen at 3470 while on the higher end resistance seen at 3620.

MCX Copper price has moved above previous consolidation on the daily timeframe. The daily RSI is in positive crossover. On the lower end support seen at 597 while on the higher end resistance seen at 617.

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