Commodity Mantra Morning Update: Metals trade in a range Oil lower

Here is our technical view on Commodities.

Jan 19, 2021 08:01 IST India Infoline News Service

Commodities
MCX Gold prices remained mostly in a range during the previous session. The hourly RSI has entered in a positive crossover. On the lower end support seen at 48500 while on the higher end resistance seen at 49200.

MCX Crude Oil prices has been in a lower top lower bottom formation. The hourly RSI is in negative crossover. On the lower end support seen at 3730 while on the higher end resistance seen at 3880.

MCX Copper price remained volatile during the previous session. The hourly RSI is in positive crossover. On the lower end support seen at 599 while on the higher end resistance seen at 612.

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