Gold Silver Reports – Natural Gas MCX settled up 1.06% at 172.40 on aggressive short-covering and speculative buying as support seen after a week-end cold blast over key U.S. demand areas is helping to drive natural gas prices sharply higher.
Neal Bhai
Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777
Gold Silver Reports – Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777 — Technically Crude Oil market is under fresh buying as market has witnessed gain in open interest by 3.44% to settled at 14513 while prices up 5 rupees.
Commodities Weekly Research Report 26-12-17 To 29-12-17
Trend Up ⇒ Buy Gold MCX Between 28350 – 28450, Stop Loss – 27959 Target – 28840 ↔ 29030
Trend Up ⇒ Buy Silver MCX Between 37150 – 37350, Stop Loss – 36480, Target – 38230 ↔ 38880
China Exceeds Target for Household Gas Projects
Gold Silver Reports – China’s Ministry for Environmental Protection (MEP) said it had completed coal-to-gas and coal-to-electricity projects for 3.9 million households or 25,220 villages, exceeding a target of 3.1 million houses for 2017 in northern Chinese regions.
North Korea Rejects New Sanctions, Vows to Avenge Sympathizers
Gold Silver Reports – North Korea rejected tighter United Nations sanctions aimed at curbing its nuclear expansion, describing the move as an “act of war” and vowing to avenge U.S. sympathizers who approved it.