Indian Market View Commodity Channel (SEBI Registered)

🌞 Commodities 🪙 Morning Update by IMV (22nd Sep 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ 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 716 and resistance at 722 Sustainable trade above 722 will see the upside move towards 725, 728 and if sustained below 716 can catch the downside move towards 713, 710 respectively. ✒️ Natural Gas support has 212 and resistance 224. Sustainable trade above 212 can see more rally towards the next level of 206, 200 and if sustained below 224 then can move towards 230…235. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

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Natural Gas Storage ⛽⛽ Previous: 57B Forecast: 65B Actual: 64B Impact: As per actual data it is NEGATIVE for NATURAL GAS Price

07:30 PM : Existing Home Sales Previous: 4.07M Forecast: 4.10M Actual: 4.04m IMPACT: As per actual data it is POSITIVE for Bullion

Unemployment Claims Actual Data : 201K Impact: As per actual data it is NEGATIVE for Bullion Philly Fed Manufacturing Index Actual Data : -13.5 Impact: As per actual data it is for Positive Bullion Overall if we look at both data then 1 is positive and 1 is negative so mix impact

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (21st Sep 2023) ✍️ Major US 🇺🇸 Economic Data 📊 at today evening! 06:00 PM : Unemployment Claims and Philly Fed Manufacturing Index 07:30 PM : Existing Home Sales and CB Leading Index m/m 08:00 PM : Natural Gas Storage ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Gold 🥇 has support at 58800 and resistance 59100. Break and sustain below 58800 will take it to the next support level of 58650...58500 and sustainable trade above 59100 can see further upside move towards the next resistance level of 59250…59400 ✒️ Zinc 🥉 has support at 219.50 and resistance at 223.50 Break and sustained below 219.50 will see the downside move 217.50---215.50 and if sustained above 223.50 can see further upside towards 225.50…227.50 levels. ✒️ Crude Oil (Oct) 🛢️ has support at 7335 and resistance at 7410. Sustainable trade below 7335 can see more downside towards 7290…7250 and if sustained above 7410 will see the upside move towards 7450…7490 levels. 👉 Rest Silver, Copper, Aluminium and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

LME Inventory for today (21st Sep 2023) Aluminium down by -2600MT, Copper up by 7100MT, Lead up by 425MT, Nickel up by 276MT Zinc up by 2775MT. Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (21st Sep 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. ✒️ Copper has support at 722 and resistance at 728 Sustainable trade above 728 will see the upside move towards 731, 734 and if sustained below 722 can catch the downside move towards 719, 716 respectively. ✒️ Crude oil (Oct) has support at 7360 and resistance at 7450. Sustainable trade below 7360 can see more downside towards 7320…7280 and if sustained above 7450 will see the upside move towards 7490…7530 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

Good morning dear friends, have a great day ahead 🙏 🌞 Last night FED Chairman has indicated a Hawkish move to control inflation. After FOMC press conference we have seen a downfall of almost $20 in Gold (From yesterday high) CMP $1926 Gold and Silver is going to open gap down today ⬇️⬇️ More will update during market hours Team Indian Market View

Fed’s Median Rate Forecast End-’23: 5.6% [Prev. 5.6%] Fed’s Median Rate Forecast End-’24: 5.1% [Prev. 4.6%] Fed’s Median Rate Forecast End-’25: 3.9% [Prev. 3.4%] Fed’s Median Rate Forecast End-’26: 2.9% Fed’s Median Rate Forecast Longer-Run: 2.5% [Prev. 2.5%]

📌 Fed Projections Imply One More 25-Basis-Point Rate Hike This Year and 50 Bps of Rate Cuts in 2024, Versus 100 Bps of 2024 Cuts in June Projections

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (20th Sep 2023) ✍️ Major US 🇺🇸 Economic Data 📊 at today evening! 08:00 PM: Crude Oil Inventories 11:30 PM (AFTER INDIAN MARKET CLOSE) : We have FEDERAL FUND Rate Decision, FOMC Statement and FOMC Press Conference ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Gold 🥇 has support at 59050 and resistance 59350. Break and sustain below 59050 will take it to the next support level of 58900...58750 and sustainable trade above 59350 can see further upside move towards the next resistance level of 59500…59650 ✒️ Copper ⛓️ has support at 723.70 and resistance at 729.70 Sustainable trade above 729.70 will see the upside move towards 732.20, 735 and if sustained below 723.70 can catch the downside move towards 721.70, 719 respectively. ✒️ Crude Oil (Oct) 🛢️ has support at 7430 and resistance at 7520. Sustainable trade below 7430 can see more downside towards 7390…7350 and if sustained above 7520 will see the upside move towards 7560…7600 levels. 👉 Rest Silver, Zinc, Aluminium and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

LME Inventory for today (20th Sep 2023) Aluminium down by -2675MT, Copper up by 6000MT, Lead up by 2825MT, Nickel up by 540MT Zinc up by 2575MT. Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (20th Sep 2023) 🇮🇳✍🏻 ✒️ 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 ✒️ Zinc has support at 219 and resistance at 223 Break and sustained below 219 will see the downside move 217---215 and if sustained above 223 can see further upside towards 225…227 levels. ✒️ Crude Oil (Oct) has support at 7420 and resistance at 7510. Sustainable trade below 7420 can see more downside towards 7380…7340 and if sustained above 7510 will see the upside move towards 7550…7590 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

CHINA prime rate data. Actual figures as per forecast and Unchanged. Impact: NEUTRAL

U.S. Building Permits Previous Figure: 1.44M Forecast Figure: 1.44M Actual Data : 1.543M Data Negative for Bullion