Commodity Mantra Morning Update: Commodities remain volatile

Here is our technical view on Commodities.

December 22, 2020 7:36 IST India Infoline News Service

MCX Gold prices has remained volatile throughout the session. The daily RSI is in bearish crossover. On the lower end support seen at 49700 while on the higher end resistance seen at 50800.
MCX Crude Oil price has moved above consolidation on the hourly chart. The hourly RSI is in positive crossover. On the lower end support seen at 3550 while on the higher end resistance seen at 3670.

MCX Copper price has moved below previous consolidation on the hourly timeframe. The daily RSI is in negative crossover. On the lower end support seen at 600 while on the higher end resistance seen at 617.

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