Indian Market View Commodity Channel (SEBI Registered)

Prelim UoM Consumer Sentiment Actual: 63.9 Forecast: 60.1 Previous: 59.2 Prelim UoM Inflation Expectations Actual: 3.3% Previous: 4.2% IMPACT: Mix for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (16th June 2023) ✍️ Major US Economic Key Events at today evening 05:15 PM : FOMC Member Waller Speech 07:30 PM : Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations ✒️ Gold 🥇 has support at 59300 and resistance 59600. Break and sustain below 59300 will take it to the next support level of 59150...59000 and sustainable trade above 59600 can see further upside move towards the next resistance level of 59750…59900 ✒️ Copper ⛓️ has support at 730 and resistance at 736. Sustainable trade above 736 will see the upside move towards 739, 742 and if sustained below 730 can catch the downside move towards 727, 724 respectively. ✒️ Crude oil (July) 🛢️ has support at 5750 and resistance at 5840. Sustainable trade below 5750 can see more downside towards 5710…5670 and if sustained above 5840 will see the upside move towards 5880…5920 levels. 👉 Rest Silver, Zinc, Aluminium and Natural Gas evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

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🌞 Commodities 🪙 Morning Update by IMV (16th June 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Silver has support at 72000 while resistance at 72600. Sustainable trade below 72000 will take it to 71700...71400 very soon. If it breaks and sustain the resistance level of 72600 then will take it to 72900---73200, respectively. ✒️ Zinc has support at 221 and resistance at 225 Break and sustained below 221 will see the downside move 219---217 and if sustained above 225 can see further upside towards 227…229 levels. ✒️ Natural gas support has 204 and resistance 214. Sustainable trade above 214 can see more rally towards the next level of 220, 225 and if sustained below 204 then can move towards 199…194. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

Natural Gas Storage Previous : 104B Forecast : 97B Actual : 84B Data Impact : Positive for NG

USA Industrial Production m/m Forecast 0.1% Previous 0.5% Actual -0.2% IMPACT- Positive for bullion. Capacity Utilization Rate Forecast 79.7% Previous 79.7% Actual 79.6%. IMPACT Positive for bullion

IMPACT Mix with negative bias

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (15th June 2023) ✍️ Major US 🇺🇸 Economic Data at today evening (15th June 2023) ⚠️ Be cautious as series of important data lined up in the evening session! 06:00 PM : Core Retail Sales m/m, Empire State Manufacturing Index, Retail Sales m/m, Unemployment Claims, Philly Fed Manufacturing Index 06:45 PM : Industrial Production m/m 08:00 PM : Natural Gas Storage ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Gold 🥇 has support at 58750 and resistance 59050. Break and sustain below 58750 will take it to the next support level of 58600...58450 and sustainable trade above 59050 can see further upside move towards the next resistance level of 59200…59350 ✒️ Zinc 🥉 has support at 218.50 and resistance at 222.50 Break and sustained below 218.50 will see the downside move 216.50---214.50 and if sustained above 222.50 can see further upside towards 224.50…226.50 level. ✒️ Natural Gas 🛢️ support has 188 and resistance 198. Sustainable trade above 198 can see more rally towards the next level of 204, 210 and if sustained below 188 then can move towards 182....176. 👉 Rest Silver, Copper, Aluminium and Crude Oil evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

For more details about our GOLD & SILVER Packages Call Us on ☎️ +91-7065111166 OR WhatsApp Us 👉 wa.link/indianmarketview Team Indian Market View

LME Inventory for today (15th June 2023) Aluminium up by 725MT Copper down by -4725MT Lead up by 550MT Nickel down by -6MT Zinc up by 725MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (15th June 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Gold has support at 58750 and resistance 59050.Break and sustain below 58750 will take it to the next support level of 58600...58450 and sustainable trade above 59050 can see further upside move towards the next resistance level of 59200…59350 ✒️ Silver has support at 71100 while resistance at 71700. Sustainable trade below 71100 will take it to 70800...70500 very soon. If it breaks and sustain the resistance level of 71700 then will take it to 72000---72300, respectively. ✒️ Copper has support at 724.50 and resistance at 730. Sustainable trade above 730 will see the upside move towards 733, 736 and if sustained below 724.50 can catch the downside move towards 721.50, 718.50 respectively. ✒️ Crude oil has support at 5600 and resistance at 5700. Sustainable trade below 5600 can see more downside towards 5560…5520 and if sustained above 5700 will see the upside move towards 5740…5780 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

FED Interest Rate Meeting Update 🇺🇸 As expected FED has not increased interest rate and kept it unchanged at 5.25%. 📌 This was expected by the market. But FED hawkish commentary spoiled market mood. 📌 In it's commentary FED has announced a hawkish approach towards future rate hikes. 📌 About their Future plans FED has announced that they will do 2 rate hikes of 25 BPS each by the end of this year. 📌 Now, this statement comes a SURPRISE from FED as market was expecting to start rate cutting by this year end. 📌 Due to this news we have seen pressure in COMEX GOLD which fell heavily last night. 📌 So we are going to see gap down opening ⬇️⬇️ in GOLD. The negative trend likely to continue till evening session today! More will update during LIVE MARKET. Keep following us!

Gasoline also negative. Overall data is negative for Crude Oil Prices

Actual Data - 7.919 M Impact As per Actual data it is Negative for Crude Oil prices EIA also negative

Crude Oil Inventories Previous: -0.5M Forecast: -1.3M Actual: ?? As per forcast figure it is positive for Crude Oil prices... But it depends on Gasoline and EIA Weekly Distillates Stocks also Actual data figure will come at 08:00 PM Team Indian Market View