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MCX Gold Silver Under Selling Zone Sell On Rise Buy Karna Mana Hai – Neal Bhai Reports

MCX Gold Silver Under Selling Zone Sell On Rise Buy Karna Mana Hai – Neal Bhai Reports

Federal data showed new applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labour market conditions tightened further.

The economy’s upbeat outlook was, however, tempered by news that manufacturing activity slowed in October as a measure of new orders dropped to its lowest level in 1-1/2 years.

MCX Silver is getting support at 38001 and below same could see a test of 37630 levels and resistance is now likely to be seen at 39120, a move above could see prices testing 39444.

President Trump said in a tweet on Thursday that he had a “long and very good conversation” with President Xi on trade and North Korea and that the two planned to meet at the upcoming G-20 summit.

A British official said that London was close to a deal that will grant UK-based financial services firms’ basic access to the rest of the European Union markets.

The Bank of England (BOE) announced it would keep interest rates unchanged on Thursday and this also bolstered the sterling, but the BOE also hinted at faster rate increases if Brexit goes smoothly.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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