2017 +
Daily MCX Newsletter 21st MAR 2017
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Money Maker Research Pvt. Ltd. MARKET WRAP
PRECIOUS METALS: Precious metal prices to trade range bound for the day, with the dollar dipping after the Chicago Federal Reserve's president said the U.S. central bank would not rush to hike interest rates.
ENERGY: Crude oil prices are traded range bound for the day as rising U.S. drilling activity and OPEC production cut was failing to reduce a global supply overhang.
BASE METALS: Base metals prices are expected to trade lower for the day due to top consumer China were reinforced by expectations of ample supplies and higher inventories in exchange-monitored warehouses.
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Money Maker Research Pvt. Ltd. PIVOT LEVELS: GOLD(APR) RESISTANCE2: 28750 RESISTANCE1:28600 SUPPORT1:28250 SUPPORT2:28050 SILVER (MAY) RESISTANCE2:41400 RESISTANCE1:41050 SUPPORT1:40400 SUPPORT2:40100 CRUDE OIL (APR) RESISTANCE2:3360 RESISTANCE1:3300 SUPPORT1:3160 SUPPORT2:3100 COPPER (APR) RESISTANCE2:392 RESISTANCE1:388 SUPPORT1:376 SUPPORT2:371
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Money Maker Research Pvt. Ltd. CHART OF THE DAY GOLD
CALL SELL: GOLD APR ABOVE 28400 TARGETS 28250 /28100 STOP LOSS 28550
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Digitally signed by SHASHANK MISHRA DN: cn=SHASHANK MISHRA, o=MONEY MAKER RESEARCH PVT LTD, ou, email=info@moneymakerfinancial.com , c=IN Date: 2017.03.21 11:20:05 +05'30'
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