Commodity Mantra Morning Update: All commodities trade lower

Here is our technical view on Commodities.

December 23, 2020 7:15 IST India Infoline News Service

MCX Gold prices has slipped below previous consolidation. The daily RSI is in bearish crossover. On the lower end support seen at 49700 while on the higher end resistance seen at 50450.

MCX Crude Oil price has slipped after opening with a weak note. The hourly RSI is in negative crossover. On the lower end support seen at 3400 while on the higher end resistance seen at 3570.

MCX Copper price has slipped lower after a consolidation on the daily chart. The daily RSI is in negative crossover. On the lower end support seen at 594 while on the higher end resistance seen at 607.

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