As we are now officially kicking off a holiday week, actually two with New Years coming up, gold is trying to break above an important threshold. Not an ideal time for this to happen, but if it comes with some push then perhaps as the calendar flips to 2020 it will gain meaning.
Best MCX Advisory
Gold Smuggling on the Rise as High Prices Boost Appeal in India
Surging gold prices in India are keeping customs officials on their toes. Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September.
Is There More Hurt Ahead for Natural Gas or Can It Heat Up?
Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”
Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market
Until more convincing cold starts showing up in the models, downside risk will outweigh upside potential.
Russia switches on gas mega-pipeline to China as Putin touts closer ties
Russia switched on an enormous gas pipeline to China worth billions of dollars Monday, affirming increasingly close economic and political ties between the two countries.
MCX Silver futures Tips Forecast – Big Down Side Target ₹42700—₹41700—₹40400
MCX Silver futures Tips Forecast – Watch Level ₹45000 Level, Big Down Side Target ₹42700—₹41700—₹40400
MCX Natural Holding Call : Buy And So Jaao, Ultimate Target – 207—224— 245 – Neal Bhai
Natural Gas prices rebounded in yesterday’s session settled at 184.70 up by +0.49% following a larger than expected draw in natural gas inventories according to a report from the Department of Energy.
Commodities Weekly Technical Research Report 18 — 22 November 2019 – Gold Silver Reports
MCX Live Commodities Weekly Technical Live Research Report 04 — 08 November 2019 By Neal Bhai Reports (NBR) India, New Delhi
Indian Rupee Up 0.22% to 71.63 Against Dollar
Indian rupee strengthened for the third consecutive session against the US dollar on Monday, amid mixed cues from other Asian currencies due to uncertainty over US-China trade deal.
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Get Buy/Sell Intraday Trading Tips/Day Trading Tips with Entry Level, Target Price and Stop-Loss. Intraday Customer Support. Research By CFA Technical Analyst Team — Neal Bhai Reports, New Delhi (India) Fast Join – Intraday Tips / Day Trading Tips Start for Small Trader’s Don’t Miss It Subscribe Neal Bhai Reports Technical Power of CFA’s …