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⚠️⚠️ The Bank of England surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase as policymakers grapple with persistently high inflation.
⚠️⚠️ बैंक ऑफ इंग्लैंड ने ब्याज दरों में 50 आधार अंक की बढ़ोतरी करके बाजारों को आश्चर्यचकित कर दिया, यह लगातार 13वीं वृद्धि है क्योंकि नीति निर्माता लगातार उच्च मुद्रास्फीति से जूझ रहे हैं।
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (22nd June 2023) ✍️
Today's Major US Economic Data and Key Events
06:00 PM : Unemployment Claims and Current Account 🇺🇸
07:30 PM : Fed Chair Powell Testifies 🎙️ and Existing Home Sales Data 🏠
08:00 PM : Natural Gas Storage ⛽ 🔥
08:30 PM : Crude Oil Inventories 🛢️🛢️
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Silver 🥈 has support at 68600 while resistance at 69200. Sustainable trade below 68600 will take it to 68300...68000 very soon. If it breaks and sustain the resistance level of 69200 then will take it to 69500---69800 respectively.
✒️ Zinc 🥉 has support at 217 and resistance at 221 Break and sustained below 217 will see the downside move 215---213 and if sustained above 221 can see further upside towards 223…225 level.
✒️ Crude oil (July) 🛢️ has support at 5840 and resistance at 5930. Sustainable trade below 5840 can see more downside towards 5800…5760 and if sustained above 5930 will see the upside move towards 5970…6010 levels.
👉 Rest Gold,Copper, Aluminium and Natural Gas evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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🌞 Commodities 🪙 Morning Update by IMV (22nd June 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Silver has support at 68500 while resistance at 69100. Sustainable trade below 68500 will take it to 68200...67900 very soon. If it breaks and sustain the resistance level of 69100 then will take it to 69400---69700, respectively.
✒️ Copper has support at 728 and resistance at 734. Sustainable trade above 734 will see the upside move towards 737, 740 and if sustained below 728 can catch the downside move towards 725, 722 respectively.
✒️ Natural gas support has 206 and resistance 218. Sustainable trade above 218 can see more rally towards the next level of 224, 230 and if sustained below 206 then can move towards 200…195.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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Fed's Powell Testimony Excerpts
# Reducing inflation is likely to require period of below-trend growth, some softening of labor market conditions.
# We're seeing some effects of monetary tightening but will take time for full effects of monetary restraint to be realized and especially on inflation.
# Nearly all FOMC participants expect it will be appropriate to raise interest rates somewhat further by year end.
# We will continue to make our decisions meeting by meeting based on incoming data, implications for outlook and balance of risks.
# Committed to addressing these vulnerabilities to make for a stronger and more resilient banking system.
# The recent bank failures and resulting financial stress have highlighted importance of having appropriate rules and supervisory practices for banks of this size.
# US banking system is sound and resilient.
# Remain committed to bringing inflation back down to our 2% goal and keep inflation expectations well anchored.
# The process of getting inflation back down to 2% has a long way to go.
# Longer-term inflation expectations appear to remain well anchored.
# Tighter credit conditions are likely to weigh on economic activity, hiring and inflation but extent remains uncertain.
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (21st June 2023) ✍️
Major US Key Eevents Today Evening!
07:30 PM : Fed Chair Powell Testifies (This is important event and will create voltality in market. Specially in Bullion) , FOMC Member Cook Speech, FOMC Member Jefferson Speech
✒️ Gold 🥇 has support at 58600 and resistance 58900. Break and sustain below 58600 will take it to the next support level of 58450...58300 and sustainable trade above 58900 can see further upside move towards the next resistance level of 59050…59200
✒️ Copper ⛓️ has support at 726 and resistance at 732. Sustainable trade above 732 will see the upside move towards 735, 738 and if sustained below 726 can catch the downside move towards 723, 720 respectively.
✒️ Zinc 🥉 has support at 212 and resistance at 216.20 Break and sustained below 212 will see the downside move 210---208 and if sustained above 216.20 can see further upside towards 218.50…220 level.
✒️ Crude Oil (July) 🛢️ has support at 5830 and resistance at 5930. Sustainable trade below 5830 can see more downside towards 5790…5750 and if sustained above 5930 will see the upside move towards 5970…6010 levels.
👉 Rest Silver, Aluminium and Natural Gas evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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LME Inventory for today (21st June 2023)
Aluminium down by -325MT
Copper down by -1600MT
Lead up by 575MT
Nickel up by 1374MT
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (21st June 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold has support at 58650 and resistance 58950.Break and sustain below 58650 will take it to the next support level of 58500...58350 and sustainable trade above 58950 can see further upside move towards the next resistance level of 59100…59250
✒️ Zinc has support at 214 and resistance at 218 Break and sustained below 214 will see the downside move 212---210 and if sustained above 218 can see further upside towards 220…222 levels.
✒️ 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 5850 and resistance at 5940. Sustainable trade below 5850 can see more downside towards 5810…5770 and if sustained above 5940 will see the upside move towards 5980…6020 levels.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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US Data Update
Building Permits
Previous: 1.42M
Forecast: 1.42M
Actual: 1.63M
Housing Starts
Previous: 1.40M
Forecast: 1.40M
Actual: 1.49M
Impact: Actual data negative for Bullion
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (20th June 2023) ✍️
Major US 🇺🇸 Economic Data Today
06:00 PM : Building Permits and Housing Starts
✒️ 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 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.
✒️ Copper ⛓️ has support at 726.70 and resistance at 733. Sustainable trade above 733 will see the upside move towards 736, 739 and if sustained below 726.70 can catch the downside move towards 724, 721.50 respectively.
✒️ Zinc 🥉 has support at 216 and resistance at 220 Break and sustained below 216 will see the downside move 214---212 and if sustained above 220 can see further upside towards 222…224 level.
✒️ Aluminium 🪩 has support at 201 and resistance at 204.50 Sustainable trade below 201 can see the downside move towards 199.50...197 and if sustains above 204.50 will take it to 206.50, 208 very soon.
✒️ Natural gas ⛽ support has 214 and resistance 226. Sustainable trade above 226 can see more rally towards the next level of 232, 238 and if sustained below 214 then can move towards 208....202.
✒️ Crude oil (July) 🛢️ has support at 5880 and resistance at 5980. Sustainable trade below 5880 can see more downside towards 5840…5800 and if sustained above 5980 will see the upside move towards 6020…6060 levels.
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LME Inventory for today (20th June 2023)
Aluminium up by 175MT
Copper down by -2100MT
Lead up by 600MT
Nickel up by 972MT
Zinc (figure not known)
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (20th 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 216.50 and resistance at 220.50 Break and sustained below 216.50 will see the downside move 214.50---212.50 and if sustained above 220.50 can see further upside towards 222.50…224.50 levels.
✒️ Natural gas support has 212 and resistance 222. Sustainable trade above 222 can see more rally towards the next level of 228, 234 and if sustained below 212 then can move towards 206…200.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (19th June 2023) ✍️
No US Data in the evening session due to holiday!
✒️ Silver 🥈 has support at 72200 while resistance at 72800. Sustainable trade below 72200 will take it to 71900...71600 very soon. If it breaks and sustain the resistance level of 72800 then will take it to 73100---73400 respectively.
✒️ Zinc 🥉 has support at 217.50 and resistance at 221.50 Break and sustained below 217.50 will see the downside move 215.50---213 and if sustained above 221.50 can see further upside towards 223.50…225.50 level.
✒️ Natural gas ⛽ support has 208 and resistance 220. Sustainable trade above 220 can see more rally towards the next level of 225, 230 and if sustained below 208 then can move towards 202....196.
👉 Rest Gold, Copper, Aluminium and Crude Oil evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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डिअर रिपोर्ट बायर्स कृपया महत्वपूर्ण अपडेट के लिए व्हाट्सएप समूह में शामिल होने से न चूकें
LME Inventory for today (19th June 2023)
Aluminium down by -500MT
Copper down by -2200MT
Lead up by 550MT
Nickel down by -162MT
Zinc down by -775MT
Team Indian Market View
📢 MCX कमोडिटी वीकली लेवल्स (19 से 23 जून 2023) 📉📈📊
भुगतान करने के लिए कृपया लिंक पर क्लिक करें 👇👇
rpy.club/lm/kpblSSpZ6Y
📌 भुगतान के बाद आपको तुरंत पीडीएफ में हमारी साप्ताहिक रिपोर्ट डाउनलोड करने के लिए लिंक मिल जाएगा (कृपया अपना डाउनलोड फ़ोल्डर जांचें)
📌 यह रिपोर्ट हिंदी और इंग्लिश दोनों भाषाओ में है।
📌 हम पूरे सप्ताह अपने लेवल्स से रिलेटेड फॉलो अप मेसेजेस आपको WhatsApp द्वारा भेजेंगे जिसका पूरा विवरण रिपोर्ट में है। कृपया और जानकारी के लिए रिपोर्ट को पूरा पढ़े।
📌 यह लिंक केवल आज (सोमवार 19 जून 2023) दोपहर 1 बजे तक काम करेगा। उसके बाद हम कोई भी पेमेंट स्वीकार नहीं कर पाएंगे।
धन्यवाद टीम इंडियन मार्केट व्यू
🌞 Commodities 🪙 Morning Update by IMV (19th June 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold has support at 59150 and resistance 59500.Break and sustain below 59150 will take it to the next support level of 59000...58850 and sustainable trade above 59500 can see further upside move towards the next resistance level of 59650…59800
✒️ Copper has support at 728 and resistance at 734. Sustainable trade above 734 will see the upside move towards 737, 740 and if sustained below 728 can catch the downside move towards 725, 722 respectively.
✒️ Crude oil (July) has support at 5790 and resistance at 5870. Sustainable trade below 5790 can see more downside towards 5750…5710 and if sustained above 5870 will see the upside move towards 5910…5950 levels.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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Dear Followers
We have just published this week's MCX Commodities technical levels report.
Price - Rs 200. Click on the Link to make payment 👇👇
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📌 Report is in English and Hindi both.
📌 After payment you will get link to download the report in PDF and Chart format.
📌 Special complimentary morning all MCX Commodities levels will be provided to all report buyers (In free updates we only send 3 commodities morning levels)
📌 We will send all updates, important notification and trading strategies via WhatsApp messages. So do not miss to join WhatsApp notification group for same.
👉 Payment Link will expire tomorrow 19th June 2023 at 01:00 PM. So hurry! don't delay!
Team Indian Market View
Our Last Week’s MCX Commodities Weekly Levels Report Card (12th to 16th June 2023)
GOLD – Break below immediate support zone hit both targets. Also break below our major support zone gave almost 450—500 points move and hit 1st target.
SILVER – Below our mentioned support levels achieved all targets. Not only this, reversed from our given Major Support Zone.
CRUDE OIL – Below our mentioned support zone hit both targets. Also exactly reversed from given Major Support Zone.
NATURAL GAS – Respected our given support zone and reversed from there. Also, after breaking our mentioned resistance zone hit all targets.
COPPER – Respected our given support zone and gave good upside rally during the week.
ZINC – Exactly reversed from our given support zone and gave good upside move. Not only this after breaking resistance zone hit 2 targets.
ALUMINIUM – Our mentioned strategy of Buy on Dips worked well.
Missed buying our report?? Don’t worry, don’t miss next one!
👉 New report releasing tomorrow!
Thanks Team Indian Market View
Commodity Weekly Levels 12th to 16th June 2023.pdf1.08 MB
