The gold futures contract lost 0.72% on Wednesday, as it retraced some of its Thursday’s-Friday’s rally. The gold price broke above a short-term consolidation along $1,800 price level last week.
Analysis
At Gold Silver Reports, our market analysis provides expert insights on gold, silver, crude oil, base metals, and MCX commodities. Stay updated with trend forecasts, price movements, and actionable strategies to make smarter trading decisions.
- Get Detailed Technical Analysis Reports, xauusd technical analysis, Stock Trends, candlestick technical analysis, Commodity Market, Chart Patterns and Technical Analysis of Commodities, Technical & Fundamental Reports, Gold ETF, Market Forecast and Market Outlook for major Indices and Stocks of Indian Stock Market.
- MCX Analysis today, MCX Commodity daily Support & Resistance levels, MCX Levels, Commodity Price Trends, Best Technical Analysis Report.
Gold Price Slip. Experts Say ‘Good Chance’ for Buyers
Gold price at Multi Commodity Exchange (MCX) dipped ₹311 after closing at ₹47,640 per 10 gm mark on Tuesday. However, silver price continued to scale and closed ₹338 higher from its Monday close. Silver on Tuesday had a closing price of ₹71,882 per kg.
MCX Nickel Intraday Tips All Most Full Target Hit 1335 To 1321.60
MCX Nickel Intraday Tips: Nickel yesterday settled down by 0.39% at 1327.4 on profit booking after seen supported as prospects for rebounding growth as the global vaccine rollout gathers pace underpinned a rally in the metals market.
Gold Price Analysis; Gold Shoots To Fresh Three-Month Tops on Disappointing US Jobs Report
Gold Price Analysis; Gold finally broke out of its intraday consolidative trading range and surged to near three-month tops, around the $1,843 region during the early North American session.
Commodity Copper Trading Tips; All Target Hit 776.50 To 785.75 – Neal Bhai Reports
Commodity Copper Trading Tips; Copper prices on Friday traded up by 24 per cent at Rs 785.75 per kg in the futures market on the back of a pick-up in the spot demand.