Gold Technical Forecast: Following this week’s price action, the Relative Strength Index (RSI) indicator on the daily chart dropped into the oversold territory below 30. The last time the daily RSI fell below in August 2021, Gold staged a technical correction and a similar action could be expected in the short term.
MCX Weekly Research Report, 04 To 08 July 2022 By Neal Bhai
Top 5 Commodities MCX Weekly Research Report, 04 to 08 July 2022 Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
MCX Weekly Research Report, 27 To 01 July 2022 By Neal Bhai [27-06-2022] (Bullion Buy on Dips)
Top 5 Commodities MCX Weekly Research Report, 27 to 01 July 2022 Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
The Fed does not want to induce a recession but is there any choice?
“There is no sign I can see of a broader slowdown in the economy…We are not trying to induce a recession,” Federal Reserve Chair Jerome Powell.
How Aluminum became a commodity to rival gold in 2022
“Aluminum is used in the aircraft industry. Nickel in stainless steel and batteries for electric cars. Platinum in electronics (medicine, chemical industry). Palladium in electronics and the production of catalytic converters for cars. There are big risks with exports from the Russian Federation. Russia’s share in global aluminum production is 6%, nickel (high grade) – 22%, platinum – 15%, palladium – 45%,” Manturov noted, exploring investment opportunities surrounding a range of metals.