Indian Market View Commodity Channel (SEBI Registered)

Core Durable Goods Orders m/m Actual: 0.0% Forecast: 0.2% Previous: 0.2% Durable Goods Orders m/m Actual: -1.0% Forecast: 0.4% Previous: -4.5% DATA IS BULLISH FOR BULLION

#MCX #Commodities Evening Session Technical Levels by IMV (24th Mar 2023) ✍️ Major US Economic Data for today's session (24th March 2023) 👇🏻 06:00 PM : Core Durable Goods Orders m/m and Durable Goods Orders m/m 07:15 PM : Flash Manufacturing PMI and Flash Services PMI ✒️ Kindly follow our levels carefully. 🤓👇🏻 ✒️ #Gold (April) 🥇 has support at 59700 and resistance 60000. Break and sustain below 59700 will take it to the next support level of 59550...59400 and sustainable trade above 60000 can see further upside move towards the next resistance level of 60150…60300 ✒️ #Silver (May) 🥈 has support at 70400 while resistance at 71000. Sustainable trade below 70400 will take it to 70100...69800 very soon. If it breaks and sustain the resistance level of 71000 then will take it to 71300---71600 respectively. ✒️ #Copper (April) 🥉 has support at 768 and resistance at 774 Sustainable trade above 774 will see the upside move towards 777, 780 and if sustained below 768 can catch the downside move towards 765, 762 respectively. ✒️ #Zinc (April) 🥉 has support at 254.50 and resistance at 258.50 Break and sustained below 254.50 will see the downside move 252.50---250.50 and if sustained above 258.50 can see further upside towards 260.50…262 level. ✒️ #Aluminium (April) 🪩 has support at 204 and resistance at 208 Sustainable trade below 204 can see the downside move towards 202...200 and if sustains above 208 will take it to 210, 212 very soon. ✒️ #NaturalGas (Mar) ⛽ support has 175 and resistance 186. Sustainable trade above 186 can see more rally towards the next level of 192, 198 and sustained below 175 then can move towards 170....165. ✒️ #CrudeOil (April) 🛢️ has support at 5550 and resistance at 5640. Sustainable trade below 5550 can see more downside towards 5510…5470 and if sustained above 5640 will see the upside move towards 5680…5720 levels. www.indianmarketview.com

#LME Invnetory for today (24th March 2023) Aluminium down by -6075MT Copper up by 1200MT Lead up by 425MT Nickel up by 654MT Zinc up by 2625MT Team Indian Market View

#MCX #Commodities Morning Update by IMV (24th Mar 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 69800 while resistance at 70400. Sustainable trade below 69800 will take it to 69500...69200 very soon. If it breaks and sustain the resistance level of 70400 then will take it to 70700---71000, respectively. ✒️ #Copper (April) has support at 772 and resistance at 778. Sustainable trade above 778 will see the upside move towards 781, 784 and if sustained below 772 can catch the downside move towards 769, 766 respectively. ✒️ #NaturalGas has support at 174 and resistance 185. Sustainable trade above 185 can see more rally towards the next level of 190, 195 and if sustained below 174 then can move towards 168…162. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

Natural Gas Storage Actual: -72B Forecast: -75B Previous: -58B IMPACT AS PER DATA IT SLIGHTLY WEAK FOR NATURAL GAS PRICES

New Home Sales Data New Home Sales Actual: 640K Forecast: 650K Previous: 670K IMPACT: AS PER DATA IT IS POSITIVE FOR BULLION PRICES

Unemployment Claims Actual: 191K Forecast: 198K Previous: 192K Current Account Actual: -207B Forecast: -213B Previous: -217B IMPACT : DATA IS NEGATIVE FOR BULLION PRICES

#MCX #Commodities Evening Session Technical Levels by IMV (23 Mar 2023) ✍️ Major #USEconomic Data Today 👇🏻 06:00 PM : #UnemploymentClaims and Current Account 07:30 PM : New Home Sales 08:00 PM : #NaturalGasStorage ✒️ Kindly follow our levels carefully. 👇🏻🧐 ✒️ #Gold 🥇 has support at 59100 and resistance 59400. Break and sustain below 59100 will take it to the next support level of 58950...58800 and sustainable trade above 59400 can see further upside move towards the next resistance level of 59550…59700 ✒️ #Silver 🥈 has support at 69400 while resistance at 70000. Sustainable trade below 69400 will take it to 69100...68800 very soon. If it breaks and sustain the resistance level of 70000 then will take it to 70300---70600 respectively. ✒️ #Copper 🥉 has support at 768 and resistance at 774 Sustainable trade above 774 will see the upside move towards 777, 780 and if sustained below 768 can catch the downside move towards 765, 762 respectively. ✒️ #Zinc 🥉 has support at 251.50 and resistance at 255.50 Break and sustained below 251.50 will see the downside move 250---248.50 and if sustained above 255.50 can see further upside towards 257.50…259 level. ✒️ #Aluminium 🪩(Mar) has support at 200.50 and resistance at 204.50 Sustainable trade below 200.50 can see the downside move towards 198...196 and if sustains above 204.50 will take it to 206.50, 208.50 very soon. ✒️ #NaturalGas ⛽ has support at 174 and resistance 186. Sustainable trade above 186 can see more rally towards the next level of 192, 198 and sustained below 174 then can move towards 168....162. ✒️ #CrudeOil (April) 🛢️ has support at 5750 and resistance at 5830. Sustainable trade below 5750 can see more downside towards 5710…5670 and if sustained above 5830 will see the upside move towards 5870…5900 levels. www.indianmarketview.com

#LME Inventory for today (23rd March 2023) 👇🏻 #Aluminium down by -2375MT, #Copper down by -1125MT, #Lead up by 150MT, #Nickel up by 864MT #Zinc up by 2625MT. www.indianmarketview.com

#MCX #Commodities Morning Update by IMV (23rd Mar 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold has support at 59050 and resistance 59400.Break and sustain below 59050 will take it to the next support level of 58900...58750 and sustainable trade above 59400 can see further upside move towards the next resistance level of 59550…59700 ✒️ #Zinc has support at 251.50 and resistance at 255.50 Break and sustained below 251.50 will see the downside move 249.50---247.50 and if sustained above 255.50 can see further upside towards 257.50…259 levels. ✒️ #CrudeOil (April) has support at 5760 and resistance at 5840. Sustainable trade below 5760 can see more downside towards 5720…5680 and if sustained above 5840 will see the upside move towards 5880…5920 levels. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

Good morning dear traders have a great day ahead 🌞 ✒️ As expected last night FED has increased interest rate by 25 BPS to make it 5.00% ✒️ Not only this, in its press conference FED has indicated further rate hike of 25 BPS in its next meeting. ✒️ After FOMC Statement we have seen jump in COMEX GOLD and SILVER prices ⬆️⬆️. ✒️ GOLD made high of approx $1978.91 while SILVER marked high of $23.087. ✒️ The trend remains to continue positive till evening session. While in evening session we might see some dip (Will inform you in further update) Soon we will publish today's technical levels! Keep following us! Team Indian Market View

Sudden jump in COMEX GOLD Now, FED commentary will play crucial role. Awaiting for that... Hawkish or Dovish statement will decide tomorrow morning move in Gold and Silver. Will update you in the morning. Good Night Friends!

As Expected FED HIKES INTEREST RATES BY 25 BPS TO 5 %

Crude Oil Inventories Actual: 1.117M Forecast: -1.565M Previous: 1.550M EIA Refinery Crude Runs (WoW) Actual: -0.022M Previous: 0.431M Crude Oil Imports Actual: 0.051M Previous: -1.720M Cushing Crude Oil Inventories Actual: -1.063M Forecast: -1.558M Previous: -1.916M Distillate Fuel Production Actual: 0.075M Previous: -0.097M EIA Weekly Distillates Stocks Actual: -3.313M Forecast: -1.500M Previous: -2.537M Gasoline Production Actual: 0.392M Previous: -0.446M Heating Oil Stockpiles Actual: 0.578M Previous: -0.735M EIA Weekly Refinery Utilization Rates (WoW) Actual: 0.40% Forecast: 1.00% Previous: 2.20% Gasoline Inventories Actual: -6.400M Forecast: -1.677M Previous: -2.061M

USA Crude Oil Inventories Forecast -1.7M Previous 1.6M Actual 1.1M. Impact : As per data figure it is Negative for Crude Oil prices. (Awaiting full inventory report)

Some key points ahead of FOMC meeting tonight. 📌 Tonight at 11.30 PM we have FED Interest Meeting along with FOMC Statement. 📌 Earlier it was expected that this time FED will increase interest rate by 0.50%. But after US’s 2 regional banks collapse it is expected that FED will not do so and will hike interest rate by 0.25% only. 📌 However, many financial analysts are expecting that FED will surprise market by not increasing interest rate at all. 📌 Chances of increasing interest rates by 0.25% is 80% and not increasing interest rate is 20%. 📌 Not only interest rates, FOMC statement will also play crucial role in deciding GOLD and SILVER trend ahead. 📌 So, as per IMV’s view today’s meeting is a VERY UNPREDICTABLE EVENT. Not only this that what would be the FED’s decision it will also depend how market will react on future statement of FED Chairman. Therefore, we request all our followers to not carry any heavy position in GOLD and SILVER tonight. ✅ Tomorrow, If market opens Gap Up then try to buy on dips and if it opens gap down then look for sell on rise opportunities. Rest will update after FED meeting. Team Indian Market View आज रात एफओएमसी की बैठक से पहले कुछ प्रमुख बिंदु। 📌 आज रात 11.30 बजे हमारे पास FOMC स्टेटमेंट के साथ FED इंटरेस्ट मीटिंग है। 📌 पहले उम्मीद की जा रही थी कि इस बार FED ब्याज दर में 0.50% की बढ़ोतरी करेगा। लेकिन अमेरिका के 2 क्षेत्रीय बैंकों के पतन के बाद उम्मीद की जा रही है कि FED ऐसा नहीं करेगा और ब्याज दर में केवल 0.25% की बढ़ोतरी करेगा। 📌 हालांकि, कई वित्तीय विश्लेषक उम्मीद कर रहे हैं कि फेड ब्याज दर में बिल्कुल भी वृद्धि नहीं करके बाजार को चौंका देगा। 📌 ब्याज दरों में 0.25% की वृद्धि की संभावना 80% है और ब्याज दर में वृद्धि नहीं होने की संभावना 20% है। 📌 केवल ब्याज दरें ही नहीं, एफओएमसी स्टेटमेंट भी आगे सोने और चांदी के रुझान को तय करने में महत्वपूर्ण भूमिका निभाएगा। 📌 इसलिए, IMV के विचार के अनुसार आज की बैठक एक बहुत ही अप्रत्याशित घटना है। इतना ही नहीं, FED का निर्णय क्या होगा, यह इस बात पर भी निर्भर करेगा कि FED के अध्यक्ष के भविष्य के बयान पर बाजार की क्या प्रतिक्रिया होगी। इसलिए हम अपने सभी फॉलोअर्स से अनुरोध करते हैं कि आज रात सोने और चांदी में कोई भारी पोजीशन न लें। ✅ कल, यदि बाजार गैप अप खोलता है तो डिप्स पर खरीदारी करने का प्रयास करें और यदि यह गैप डाउन खुलता है तो वृद्धि के अवसरों पर बिक्री की तलाश करें। आगे के अपडेट्स हम फेड की मीटिंग के बाद देंगे। टीम इंडियन मार्केट व्यू

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#MCX #Commodities Evening Session Technical Levels by IMV (22 Mar 2023) ✍️ Major #USEconomic Key Events Today 👇🏻 08:00 PM : #CRUDEOIL Inventories 11:30 PM : Federal Funds Rate and FOMC Statement ✒️ Kindly follow our levels carefully. 👇🏻🤓 ✒️ #Gold 🥇 has support at 58500 and resistance 58850. Break and sustain below 58500 will take it to the next support level of 58350...58200 and sustainable trade above 58850 can see further upside move towards the next resistance level of 59000…59150 ✒️ #Silver 🥈 has support at 68500 while resistance at 69100. Sustainable trade below 68500 will take it to 68200...68000 very soon. If it breaks and sustain the resistance level of 69100 then will take it to 69400---69700 respectively. ✒️ #Copper 🥉 has support at 764 and resistance at 770 Sustainable trade above 770 will see the upside move towards 773, 776 and if sustained below 764 can catch the downside move towards 761, 758 respectively. ✒️ #Zinc 🥉 has support at 252 and resistance at 256.50 Break and sustained below 252 will see the downside move 250---248 and if sustained above 256.50 can see further upside towards 258.50…260 level. ✒️ #Aluminium 🪩 has support at 200.50 and resistance at 204.50 Sustainable trade below 200.50 can see the downside move towards 198...196 and if sustains above 204.50 will take it to 206.50, 208.50 very soon. ✒️ #NaturalGas ⛽ support has 180 and resistance 192. Sustainable trade above 192 can see more rally towards the next level of 198, 204 and sustained below 180 then can move towards 175....170. ✒️ #CrudeOil (April) 🛢️has support at 5700 and resistance at 5800. Sustainable trade below 5700 can see more downside towards 5660…5620 and if sustained above 5800 will see the upside move towards 5840…5880 levels. www.indianmarketview.com