Indian Market View Commodity Channel (SEBI Registered)

Good morning dear friends have a great day ahead 🙏 🙏 SUMMARY OF FED DECISION 🎙️🎙️ 1. Fed cuts interest rates by 50 bps for first time since 2020 2. Fed sees 2 more 25 basis point rate cuts in 2024 3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut 4. Fed gained "greater confidence" that inflation is moving to 2% 5. Fed will "carefully asses incoming data" and evolve outlook 6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026 The long awaited "Fed pivot" has officially begun.

So far Gold and Silver zoomed 💥🚀 Now all eyes 👀 on FED Press Conference

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Building Permits Previous:1.40M Forecast:1.41M Actual: 1.475M Impact: NEGATIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (18th Sept 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 73000 and resistance 73300. Break and sustain below 73000 will take it to the next support level of 72850...72700 and sustainable trade above 73300 can see further upside move towards the next resistance level of 73450...73600 ✒️ Copper (Sep)⛓️ has support at 807 and resistance at 812 Sustainable trade above 812 will see the upside move towards 814.50, 817 and if sustained below 807 can catch the downside move towards 804.50, 802 respectively. ✒️ Crude Oil (Oct)🛢️ has support at 5760 and resistance at 5840. Sustainable trade below 5760 can see more downside toward 5720…5680 and if sustained above 5840 will see the upside move towards 5880…5920 levels. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166

🌞 Commodities 🪙 Morning Update by IMV (18th Sept 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (Dec)🥈 has support at 88500 while resistance at 89100. Sustainable trade below 88500 will take it to 88200...88000 very soon. If it breaks and sustain the resistance level of 89100 then will take it to 89400---89700, respectively. ✒️ Copper (Sep)⛓️ has support at 801 and resistance at 807 Sustainable trade above 807 will see the upside move towards 810, 813 and if sustained below 801 can catch the downside move towards 798, 795 respectively. ✒️ Crude Oil (Oct)🛢️ has support at 5820 and resistance at 5900. Sustainable trade below 5820 can see more downside toward 5780…5740 and if sustained above 5900 will see the upside move towards 5940…5980 levels. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166

Core Retail Sale m/m Previous : 0.40% Forecast : 0.20% Actual : 0.1% Impact : POSITIVE Retail Sale m/m Previous : 1.0% Forecast : -0.20% Actual : 0.1% Impact : POSITIVE NOTE: All impact mentioned here is for Bullions

Our Weekly Levels of GOLD Check the resistance levels which we have given.... Yesterday high of GOLD 73753 from there so far made low of 73186... Gain of more than 500+ Points.... Subscribe our premium levels today and get Premium Weekly and Daily Levels of all commodities To subscribe our levels package kindly call us on +91-8744868888 Or WhatsApp us: wa.link/imvservices

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (17th Sept 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 73100 and resistance 73400. Break and sustain below 73100 will take it to the next support level of 72950...72800 and sustainable trade above 73400 can see further upside move towards the next resistance level of 73550...73700 ✒️ Copper (Sep)🥉 has support at 806.50 and resistance at 812.50 Sustainable trade above 812.50 will see the upside move towards 815.50, 818 and if sustained below 806.50 can catch the downside move towards 803.50, 800.50 respectively. ✒️ Natural Gas (Sep)⛽ support has 194 and resistance 204. Sustainable trade above 204 can see more rally towards the next level of 210, 215 and if sustained below 194 then can move towards 188…183. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166

LME Inventory for today (17th Sept 2024) Aluminium down by -3850MT Copper down by -2050MT Lead up by 30225MT Nickel down by -84MT Zinc up by 12950MT Team Indian Market View

https://youtu.be/kTkoNkLz-s8 Today's (17th Sep 2024) GOLD (XAUUSD) and SILVER (XAGUSD) technical support and resistance levels along with Evening session Core Retail Sales m/m and Retail Sales m/m Data forecast

🌞 Commodities 🪙 Morning Update by IMV (17th Sept 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Gold (Oct)🥇 has support at 73250 and resistance 73550. Break and sustain below 73260 will take it to the next support level of 73110...72960 and sustainable trade above 73550 can see further upside move towards the next resistance level of 73690…73840 ✒️ Zinc (Sep)🥉 has support at 268.80 and resistance at 272.80 Break and sustained below 268.80 will see the downside move 266.80---264.80 and if sustained above 272.80 can see further upside towards 274.80…276.80 levels. ✒️ Crude Oil (Oct)🛢️ has support at 5800 and resistance at 5900. Sustainable trade below 5800 can see more downside toward 5755…5710 and if sustained above 5900 will see the upside move towards 5945…5990 levels. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166

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Empire State Manufacturing Index Previous: -4.7 Forecast: -4.1 Actual: 11.50 Impact: As per data it is NEGATIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (16th Sept 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 73400 and resistance 73700. Break and sustain below 73400 will take it to the next support level of 73250...73100 and sustainable trade above 73700 can see further upside move towards the next resistance level of 73850...74000 ✒️ Zinc (Sep)🥉 has support at 266.80 and resistance at 270.80 Break and sustained below 266.80 will see the downside move 264.80---262.80 and if sustained above 270.80 can see further upside towards 272.80…274.80 levels. ✒️ Natural Gas (Sep)⛽ 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 183…178. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166

LME Inventory (16th Sep 2024) Copper: Decreased by 2,975 MT Aluminium: Decreased by 3,500 MT Nickel: Increased by 450 MT Zinc: Increased by 4,850 MT Lead: Unchanged Team Indian Market View