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Indian Market View Commodity Channel (SEBI Registered)

Indian Market View Commodity Channel (SEBI Registered)

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Official Channel of Indian Market View for Commodities. SEBI Reg. Research Analyst INH000010371 All opinions & views shared here are for Educational Purpose. Kindly consult your financial advisor. Call: 8744868888 www.indianmarketview.com

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🌞 Commodities 🪙 Morning Update by IMV (06th June 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Gold (Aug)🥇 has support at 72800 and resistance 73100. Break and sustain below 72800 will take it to the next support level of 72650...72500 and sustainable trade above 73100 can see further upside move towards the next resistance level of 73250…73400 ✒️ Copper (June)⛓️ has support at 873 and resistance at 879 Sustainable trade above 879 will see the upside move towards 882, 885 and if sustained below 873 can catch the downside move towards 870, 867 respectively. ✒️ Crude Oil (June)🛢️ has support at 6170 and resistance at 6270. Sustainable trade below 6170 can see more downside toward 6130…6090 and if sustained above 6270 will see the upside move towards 6310…6350 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

As per inventory Data is Negative for Crude Oil

ISM Services PMI Previous: 49.40 Forecast: 51.0 Actual: 53.80 Impact: NEGATIVE for Bullion

Final Services PMI Previous: 54.80 Forecast: 54.80 Actual: 54.80 Impact: Data is NEUTRAL and as expected for Bullion

ADP Non-Farm Employment Change Previous: 192K Forecast: 173K Actual: 152K Impact: POSITIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (05th June 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Silver (July)🥈 has support at 89100 while resistance at 89700. Sustainable trade below 89100 will take it to 88800...88500 very soon. If it breaks and sustain the resistance level of 89700 then will take it to 90000---90300, respectively. ✒️ Copper (June)⛓ has support at 859 and resistance at 864 Sustainable trade above 864 will see the upside move towards 866.50, 869 and if sustained below 859 can catch the downside move towards 856.50, 854 respectively. ✒️ Natural Gas (June) support has 214 and resistance 224. Sustainable trade above 224 can see more rally towards the next level of 229, 234 and if sustained below 214 then can move towards 208…202. 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 (05th June 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (July)🥈 has support at 89100 while resistance at 89700. Sustainable trade below 89100 will take it to 88800...88500 very soon. If it breaks and sustain the resistance level of 89700 then will take it to 90000---90300, respectively. ✒️ Copper (June)⛓️ has support at 859 and resistance at 864 Sustainable trade above 864 will see the upside move towards 866.50, 869 and if sustained below 859 can catch the downside move towards 856.50, 854 respectively. ✒️ Natural Gas (June)⛽ support has 214 and resistance 224. Sustainable trade above 224 can see more rally towards the next level of 229, 234 and if sustained below 214 then can move towards 208…202. 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

Morning Levels Update GOLD - Below support 1st Target hit ZINC - Below support 1st Target hit Crude Oil - Exactly reversed from given suport levels. BUT you guys have missed SILVER, COPPER and NATURAL GAS morning levels...which also hit target. Get our Premium Levels for just Rs 1180 per month (On Premium Telegram Channel) OR Rs 11800 for 1 YEAR (On Premium WhatsApp WhatsApp Community) 👉 For package details, Call now on 7065111166

Morning Levels Update GOLD - Below support 1st Target hit ZINC - Below support 1st Target hit Crude Oil - Exactly reversed from given suport levels. BUT you guys have missed SILVER, COPPER and NATURAL GAS morning levels...which also hit target. **Get our Premium Levels for just Rs 1180 per month (On Premium Telegram Channel) OR Rs 11800 for 1 YEAR (On Premium WhatsApp WhatsApp Community)* 👉 For package details, Call now on 7065111166

LME Inventory for today (05 June 2024) Aluminium down by -1850MT Copper up by 1050MT Lead down by -1200MT Nickel up by 1206MT Zinc up by 3050MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (05th June 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Gold (Aug)🥇 has support at 71950 and resistance 72250. Break and sustain below 71950 will take it to the next support level of 71800...71650 and sustainable trade above 72250 can see further upside move towards the next resistance level of 72400…72550 ✒️ Zinc (June)🥉 has support at 259 and resistance at 263 Break and sustained below 259 will see the downside move 257---255 and if sustained above 263 can see further upside towards 265…267 levels. ✒️ Crude Oil (June)🛢️ has support at 6080 and resistance at 6160. Sustainable trade below 6080 can see more downside toward 6040…6000 and if sustained above 6160 will see the upside move towards 6200…6240 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

JOLTS Job Openings Previous: 8.49M Forecast: 8.37M Actual: 8.059M IMPACT: POSITIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (04th June 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Aug)🥇 has support at 72020 and resistance 72340. Break and sustain below 72020 will take it to the next support level of 71880...71720 and sustainable trade above 72340 can see further upside move towards the next resistance level of 72490…72640 ✒️ Zinc (June)🥉 has support at 259 and resistance at 263 Break and sustained below 259 will see the downside move 257---255 and if sustained above 263 can see further upside towards 265…267 levels. ✒️ Natural Gas (June)⛽ support has 225 and resistance 235. Sustainable trade above 235 can see more rally towards the next level of 240, 245 and if sustained below 225 then can move towards 220…215. 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 (04th June 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (July)🥈 has support at 91700 while resistance at 92300. Sustainable trade below 91700 will take it to 91400...91100 very soon. If it breaks and sustain the resistance level of 92300 then will take it to 92600---92900, respectively. ✒️ Copper (June)🥉 has support at 877.50 and resistance at 883.50 Sustainable trade above 883.50 will see the upside move towards 886.50, 889.50 and if sustained below 877.50 can catch the downside move towards 874.50, 871.50 respectively. ✒️ Crude Oil (June)🛢️ has support at 6110 and resistance at 6210. Sustainable trade below 6110 can see more downside toward 6070…6030 and if sustained above 6210 will see the upside move towards 6250…6290 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

ISM Manufacturing PMI Previous: 49.20 Forecast: 49.80 Actual: 48.70 Impact: POSITIVE for Bullion ISM Manufacturing Prices Previous: 60.90 Forecast: 60.0 Actual: 57 Impact: POSITIVE for Bullion

Final Manufacturing PMI Previous: 50.90 Forecast: 50.90 Actual: 51.30 Impact: NEGATIVE for Bullion