MCX Gold prices has sustained above previous swing high on the daily chart which suggests rise in optimism. The daily RSI is in remained in positive crossover. On the lower end support seen at 51200 while on the higher end resistance seen at 52550.
MCX Crude Oil price found support at the middle Bollinger band which led to a sharp recovery during the day. The daily RSI is in negative crossover. On the lower end support seen at 3520 while on the higher end resistance seen at 3760.
MCX Copper price has moved above previous swing on closing basis charts. The bias remained positive throughout the session. The trend remains sideward for the near term. On the lower end support seen at 593 while on the higher end resistance seen at 626.
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