Tag: Mcx Base Metal Tips
20.Feb.2024 Copper support and resistance update byhttps://www.bullionsignals.com/get for daily high level profit to contact us:6396479818
Short term and Intraday Level of COPPER.
Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 727.3 with stop at 704.15 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend– Buy is advised only above 727.3 with a stop at 715.9 Below 713.1 go for sell and put stop at 724.4
Intraday Resistance of COPPER are 722.2 : 724 : 733.6 : 739.3 : 747.2 : 755.2 : 761 : 766.7
Intraday Support of COPPER are 718.1 : 716.3 : 706.8 : 701.3 : 693.6 : 685.9 : 680.5 : 675
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20.Feb.2024 Copper support and resistance update byhttps://www.bullionsignals.com/get for daily high level profit to contact us:6396479818
Short term and Intraday Level of COPPER.
Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 727.3 with stop at 704.15 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend– Buy is advised only above 727.3 with a stop at 715.9 Below 713.1 go for sell and put stop at 724.4
Intraday Resistance of COPPER are 722.2 : 724 : 733.6 : 739.3 : 747.2 : 755.2 : 761 : 766.7
Intraday Support of COPPER are 718.1 : 716.3 : 706.8 : 701.3 : 693.6 : 685.9 : 680.5 : 675
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The Latest News Regarding Zinc Futures. Posted By https://www.bullionsignals.com/. C/w:-6396479818
Zinc Gains After Sluggish US Retail Data Revamped Bets Of A Rate Cut By Fed.
Zinc exhibited a robust 1.64% increase, settling at 214.3, driven by renewed expectations of a rate cut by the Federal Reserve in the second quarter following lacklustre retail data from the U.S. The anticipation of looser monetary policy sparked increased industrial demand, particularly for economies connected to U.S. credit markets, bolstering the outlook for base metal inputs.
However, challenges persist in the zinc market as the Russian Ozernoye mine announced a delay in zinc concentrate production until at least the third quarter of 2024, with a full capacity ramp-up now expected in 2025.
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The Latest News Regarding Zinc Futures. Posted By https://www.bullionsignals.com/. C/w:-6396479818
Zinc Gains After Sluggish US Retail Data Revamped Bets Of A Rate Cut By Fed.
Zinc exhibited a robust 1.64% increase, settling at 214.3, driven by renewed expectations of a rate cut by the Federal Reserve in the second quarter following lacklustre retail data from the U.S. The anticipation of looser monetary policy sparked increased industrial demand, particularly for economies connected to U.S. credit markets, bolstering the outlook for base metal inputs.
However, challenges persist in the zinc market as the Russian Ozernoye mine announced a delay in zinc concentrate production until at least the third quarter of 2024, with a full capacity ramp-up now expected in 2025.
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19/FEB/2024 ZINC NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600
Zinc Gains After Sluggish US Retail Data Revamped Bets Of A Rate Cut By Fed.
Zinc exhibited a robust 1.64% increase, settling at 214.3, driven by renewed expectations of a rate cut by the Federal Reserve in the second quarter following lacklustre retail data from the U.S. The anticipation of looser monetary policy sparked increased industrial demand, particularly for economies connected to U.S.
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19/FEB/2024 CRUDE OIL NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600
Oil down in thin trade as US gears up for Presidents’ Day.
Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin early trade on what is a public holiday in the United States.
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19/FEB/2024 GOLD NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600
rangebound on rate woes.
Gold prices rose in Asian trade on Monday, extending a rebound from one-month lows after recently breaking below a key support level, although fears of higher-for-longer U.S. rates kept prices largely rangebound.
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