COMEX Gold futures are showing signs of some corrective moves after recent surge pushed the counter to a two and half month high. The uptick over recent days saw the futures break above 100 day Exponential Moving Average (EMA) and also pushed them above the upper Bollinger Band (currently around $1760 per ounce. The counter currently lingers around $1762 per ounce and a slide under the uppber Bollinger Band could pull it down towards the daily EMA100 at $1730 per ounce. The RSI -14 has also come off its overbought level of 70 now and could be indicating a short term top for the yellow metal.Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
