MCX Gold prices witnessed a sharp correction which led to a fall below previous consolidation on the hourly chart. The daily RSI is in a negative crossover. On the lower end, support seen at 48000 while on the higher end resistance seen at 49000.
MCX Crude Oil prices traded with positive bias in the previous session. On the lower end it found support around 3800 whereas on the higher end it moved above 3900. The hourly RSI is in positive crossover. On the lower end support seen at 3840 while on the higher end resistance seen at 3970/4000.
MCX Copper price continued to remained negative as the metal corrected for the second consecutive days. The daily RSI is in negative crossover. On the lower end support seen at 588/580 while on the higher end resistance seen at 608.
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