Commodity Mantra by SMC
Get regular Fundamental and Technical calls on Commodities given by SMC's Award Winning & NISM Certified Research Experts π― https://bit.ly/3jAKlGG
Show moreπ Analytical overview of Telegram channel Commodity Mantra by SMC
Channel Commodity Mantra by SMC (@smccommodity) in the English language segment is an active participant. Currently, the community unites 20 367 subscribers, ranking 6 116 in the Economy & Finance category and 20 674 in the India region.
π Audience metrics and dynamics
Since its creation on Π½Π΅Π²ΡΠ΄ΠΎΠΌΠΎ, the project has demonstrated rapid growth, gathering an audience of 20 367 subscribers.
According to the latest data from 23 July, 2026, the channel demonstrates stable activity. Although there has been a change in the number of participants by 274 over the last 30 days and by 8 over the last 24 hours, overall reach remains high.
- Verification status: Not verified
- Engagement rate (ER): The average audience engagement rate is 8.46%. Within the first 24 hours after publication, content typically collects 6.74% reactions from the total number of subscribers.
- Post reach: On average, each post receives 1 723 views. Within the first day, a publication typically gains 1 374 views.
- Reactions and interaction: The audience actively supports content: the average number of reactions per post is 2.
- Thematic interests: Content is focused on key topics such as inflation, commodity, u.s, fed, resistance.
π Description and content policy
The author describes the resource as a platform for expressing subjective opinions:
βGet regular Fundamental and Technical calls on Commodities given by SMC's Award Winning & NISM Certified Research Experts π― https://bit.ly/3jAKlGGβ
Thanks to the high frequency of updates (latest data received on 24 July, 2026), the channel maintains relevance and a high level of publication reach. Analytics show that the audience actively interacts with content, making it an important point of influence in the Economy & Finance category.
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| Date | Subscriber Growth | Mentions | Channels | |
| 24 July | +1 | |||
| 23 July | +9 | |||
| 22 July | +1 | |||
| 21 July | +16 | |||
| 20 July | +5 | |||
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| 17 July | +8 | |||
| 16 July | +13 | |||
| 15 July | +12 | |||
| 14 July | +8 | |||
| 13 July | +14 | |||
| 12 July | +14 | |||
| 11 July | +28 | |||
| 10 July | +24 | |||
| 09 July | +69 | |||
| 08 July | +3 | |||
| 07 July | +37 | |||
| 06 July | 0 | |||
| 05 July | +4 | |||
| 04 July | +5 | |||
| 03 July | 0 | |||
| 02 July | +8 | |||
| 01 July | +29 |
| 2 | No text... | 1 053 |
| 3 | No text... | 1 380 |
| 4 | No text... | 1 409 |
| 5 | https://youtu.be/cEenXASFdsg | 1 493 |
| 6 | Bullion Mantra | Daily Bullion Report
Date: 24 July 2026
Market Snapshot
Precious metals remain under pressure as investors continue to digest the implications of elevated U.S. Treasury yields, a firm U.S. Dollar, and expectations that the Federal Reserve may maintain a restrictive monetary policy. Despite persistent geopolitical tensions in the Middle East, higher real yields continue to cap upside in Gold and Silver, limiting safe-haven buying.
Today's focus remains on the U.S. Flash Manufacturing PMI, Flash Services PMI, and New Home Sales, which could determine the next directional move in bullion.
Intermarket Analysis
US Dollar Index (DXY) β Mildly Bullish
DXY is trading around 101.40, comfortably above its 200-DMA (99.56).
The recent recovery in the dollar continues to weigh on precious metals.
A sustained move above 101.50β102.00 could keep pressure on Gold and Silver.
Impact: π΄ Bearish for Bullion
US 10-Year Treasury Yield β Strong Bullish
Treasury yields have climbed to 4.70%, the highest levels in recent weeks.
Rising yields increase the opportunity cost of holding non-interest-bearing assets like Gold and Silver.
Yield momentum remains positive unless it slips below 4.60%.
Impact: π΄ Bearish for Bullion
Gold/Silver Ratio
The ratio is holding around 70.1, well above the 200-DMA (67.4).
This indicates Gold continues to outperform Silver, although the ratio has started stabilizing.
A move above 71 would indicate further relative weakness in Silver, while a decline below 69 would signal improving Silver outperformance.
Impact: π‘ Neutral to Slightly Bearish for Silver
COMEX Gold Technical Outlook
COMEX Gold continues to trade below the 200-DMA (~$4,310), confirming that the broader trend remains under pressure.
The recent recovery failed near $4,100β4,150, resulting in renewed selling pressure.
Momentum indicators continue to favour sellers unless prices reclaim the 200-DMA.
Key Levels
Support: $4,000β4,020
Major Support: $3,950
Resistance: $4,100β4,150
Major Resistance: $4,310 (200-DMA)
View: Sell on Rise while below $4,150.
COMEX Silver Technical Outlook
Silver remains below its 200-DMA (~$66.0) and continues to display a weaker technical structure.
Prices have repeatedly failed to sustain above $60, indicating limited buying interest.
Industrial demand expectations remain supportive over the long term, but near-term momentum is weak.
Key Levels
Support: $57β58
Major Support: $55
Resistance: $60β61
Major Resistance: $66 (200-DMA)
View: Bearish to Range-Bound below $60.
MCX Gold Technical Outlook
MCX Gold is trading close to its 200-DMA (~βΉ1,41,184), providing immediate technical support.
Price action remains below the important resistance zone of βΉ1,45,700ββΉ1,48,000, indicating sellers are still active at higher levels.
Holding above the 200-DMA could attract bargain buying, while a decisive break below it may accelerate downside pressure.
Key Levels
Immediate Support: βΉ1,41,000β1,41,200
Major Support: βΉ1,40,500
Resistance: βΉ1,45,700
Major Resistance: βΉ1,48,000β1,49,200
MCX Silver Technical Outlook
MCX Silver continues to trade below its 200-DMA (~βΉ2,22,944).
Price action remains weak after repeated failures near βΉ2,25,000β2,30,000.
Unless Silver closes decisively above the 200-DMA, the broader bias remains cautious.
Key Levels
Immediate Support: βΉ2,17,000β2,18,000
Major Support: βΉ2,15,000
Resistance: βΉ2,22,900 (200-DMA)
Major Resistance: βΉ2,25,000β2,30,000
Strategy: Sell on Rise while below βΉ2,23,000. | 1 287 |
| 7 | Commodity Morning Podcast 24 July 2026.mp3 | 1 239 |
| 8 | Morning Commodity Podcast 24-07-2026 | 1 280 |
| 9 | No text... | 1 185 |
| 10 | πGood Morning Traders!! π₯βͺοΈ
π
24 July 2026
π
Key Economic Events (IST)
π’ 7:15 PM β Flash Manufacturing PMI (USD)
Forecast: 54.4 | Previous: 53.9
Higher-than-expected: Signals stronger manufacturing activity, supports the U.S. Dollar and Treasury yields, which could be bearish for Gold & Silver.
Lower-than-expected: Indicates slowing manufacturing momentum, raising expectations of a more accommodative Fed stance, which could be supportive for Gold & Silver.
π’ 7:15 PM β Flash Services PMI (USD)
Forecast: 51.3 | Previous: 51.2
Higher-than-expected: Reflects resilient services activity, strengthening the Dollar and weighing on precious metals.
Lower-than-expected: Suggests cooling economic activity, potentially boosting demand for safe-haven assets like Gold and Silver.
π’ 7:30 PM β New Home Sales (USD)
Forecast: 609K | Previous: 580K
Higher-than-expected: Indicates strength in the housing market and broader economy, which may reduce safe-haven demand for Gold and Silver.
Lower-than-expected: Points to weaker economic conditions, increasing expectations for policy easing and supporting bullion prices.
π― Trading Strategy: Stay patient, avoid chasing prices, and wait for confirmation around key technical levels before initiating fresh positions.
β οΈ Note: Volatility is expected between 7:15 PM and 7:30 PM IST following the release of key U.S. economic data.
Trade with discipline. Manage risk wisely. | 1 131 |
| 11 | No text... | 1 030 |
| 12 | No text... | 1 121 |
| 13 | https://youtu.be/0cH98rTeYPk | 1 187 |
| 14 | π Join Our FREE Bullion Mantra Telegram Channel! π₯π₯
If you're passionate about Bullion Trading, this channel is dedicated exclusively to:
β¨ Gold Futures
β¨ Silver Futures
β¨ Gold & Silver Options
β¨ Gold & Silver ETFs
π Get FREE daily trade ideas, market updates, technical analysis, and key data insightsβall focused exclusively on the bullion market.
π Until our Premium Bullion Service is launched, we'll continue sharing FREE trade opportunities to help you stay ahead of the market.
π Join the Bullion Mantra Telegram Channel Now:
https://t.me/+O391jXHUoxUwZTBl
π Stay informed. Trade smarter. Grow consistently with Bullion Mantra by SMC | 1 137 |
| 15 | π Want to receive such timely trade recommendations every day?
Join Commodity Mantra Premium and get:
β
Intraday Futures & Options Calls
β
High-Conviction Trade Setups
β
Technical & Fundamental Analysis
β
Live Market Updates & Risk Management
π© Upgrade to Premium Today and Start Your Trading Journey with Commodity Mantra by SMC!
π Join the Premium Channel Now:
https://subscriptions.smcindiaonline.com:8880/commodity
β οΈ Disclaimer: Past performance is not indicative of future results. Commodity trading involves market risk. Please read all related documents carefully before investing.
SEBI Registered Research Analyst: INH100001849 | 1 358 |
| 16 | No text... | 1 259 |
| 17 | No text... | 1 264 |
| 18 | No text... | 1 259 |
| 19 | π π TODAY'S TRADING PERFORMANCE π π IN OUR PREMIUM CHANNEL
π° ALL CALLS CLOSED IN PROFIT π°
π’ GOLDM 144500 PE β π― Target Achieved β
| Profit Booked π΅
π’ CRUDE OIL 8300 CE β π― Target Achieved β
| Profit Booked π΅
π’ JEERA SELL β β
Profit Booked
π’ NATURAL GAS SELL β β
Profit Booked
π’ COPPER SELL β π― Target Achieved β
| Profit Booked π΅
π’ ALUMINIUM BUY β β
Profit Booked
π’ ZINCM SELL β β
Profit Booked
ββββββββββββββββββ
π Today's Scorecard
β
Total Calls: 07
π Winning Calls: 07/07 (100% Accuracy)
π― Targets Achieved: 03 Calls
πΉ Profit Booking: 07 Calls
ββββββββββββββββββ
π Thank you for your continued trust and support.
Trade with discipline. Manage risk. Consistency creates long-term success. π | 1 300 |
| 20 | π Immediate Impact (Actual vs Expected):
β’ Actual 32B > Expected 29B β Bearish π (larger-than-expected storage build)
π Broader View (Previous vs Actual):
β’ Actual 32B < Previous 41B β Mildly Bullish π (inventory build slowed vs last week)
Overall: Short-term Bearish, medium-term Neutral to Mild Bullish. | 1 324 |
