Monday 18 September 2017

Pace Research India Commodity Market Update

Gold Edges Up As Dollar Eases; Markets Brace For Fed Meeting : 

Gold on Tuesday inched up from its lowest in over two weeks as the dollar shed some of its gains from the previous session, with market focus on a two-day Federal Reserve meeting that kicks off later in the day.

Crude Oil Price May Move Towards 3350 Levels In The Few Trading Session :


MCX Crude Oil price has given breakout of the falling trend line on the daily chart suggests growing bullishness among the traders. On the other hand price has been trading above 21 EMA on the daily chart. In addition, daily RSI has moved above the falling trend line which suggests chances of more upsides in the price. For now, we keep our view to bullish on MCX Crude with and expectation of move towards 3350 levels in the few trading session. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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