Indian Market View Commodity Channel (SEBI Registered)

🌞 Commodities 🪙 Morning Update by IMV (30th Aug 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (Dec)🥈 has support at 86300 while resistance at 86900. Sustainable trade below 86300 will take it to 86000...85700 very soon. If it breaks and sustain the resistance level of 86900 then will take it to 87200---87500, respectively. ✒️ Zinc (Sep)🥉 has support at 267.50 and resistance at 271.50 Break and sustained below 267.50 will see the downside move 265.50---263.50 and if sustained above 271.50 can see further upside towards 273.50…275.50 levels. ✒️ Crude Oil (Sep)🛢️ has support at 6340 and resistance at 6430. Sustainable trade below 6340 can see more downside toward 6300…6265 and if sustained above 6430 will see the upside move towards 6475…6510 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

Natural Gas Storage Previous: 35B Forecast: 33B Actual: 35B Impact: NEGATIVE for Natural Gas

Pending Home Sales m/m Previous: 4.80% Forecast: 0.20% Actual: -5.50% Impact: POSITIVE for Bullion

Prelim GDP q/q Previous: 2.80% Forecast: 2.80% Actual: 3.0% Impact: NEGATIVE Unemployment Claims Previous: 233K Forecast: 232K Actual: 231K Impact: NEGATIVE Prelim GDP Price Index q/q Previous: 3.10% Forecast: 2.30% Actual: 2.50% Impact: NEGATIVE NOTE: All impact mentioned here is for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (29th Aug 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct) 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 (Sep) has support at 265.50 and resistance at 269.50 Break and sustained below 265.50 will see the downside move 263.50---261.50 and if sustained above 269.50 can see further upside towards 271.50…273.50 levels. ✒️ Natural Gas (Sep) support has 172 and resistance 182. Sustainable trade above 182 can see more rally towards the next level of 188, 194 and if sustained below 172 then can move towards 166…160. 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

LME Inventory for today (29th Aug 2024) COPPER INCREASED BY 8700 ALUMINIUM DECREASED BY 3500 NICKEL INCREASED BY 186 ZINC DECREASED BY 3300 LEAD DECREASED BY 725 Team Indian Market View

https://youtu.be/WKM3ZPCbL0g Gold and Silver technical levels for today (29th Aug 2024) Along with evening US Data Details

🌞 Commodities 🪙 Morning Update by IMV (29th Aug 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (Sept)🥈 has support at 84200 while resistance at 84800. Sustainable trade below 84200 will take it to 83900...83600 very soon. If it breaks and sustain the resistance level of 84800 then will take it to 85100---85400, respectively. ✒️ Copper (Sep)⛓️ has support at 804.20 and resistance at 810.20 Sustainable trade above 810.20 will see the upside move towards 813, 816 and if sustained below 804.20 can catch the downside move towards 801.20, 798.20 respectively. ✒️ Crude Oil (Sep)🛢️ has support at 6240 and resistance at 6320. Sustainable trade below 6240 can see more downside toward 6200…6160 and if sustained above 6320 will see the upside move towards 6360…6400 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 it is NEGATIVE FOR CRUDE OIL

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (28th Aug 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 71720 and resistance 72020. Break and sustain below 71720 will take it to the next support level of 71580...71420 and sustainable trade above 72020 can see further upside move towards the next resistance level of 72180...72320 ✒️ Copper (Sep)⛓️ has support at 807 and resistance at 813 Sustainable trade above 813 will see the upside move towards 816, 819 and if sustained below 807 can catch the downside move towards 804, 801 respectively. ✒️ Natural Gas (Sep)⛽ support has 169 and resistance 179. Sustainable trade above 179 can see more rally towards the next level of 184, 189 and if sustained below 169 then can move towards 164…159. 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

https://youtu.be/JhI-Bq1ZrlE Gold (XAUUSD) and Silver (XAGUSD) Forecast, Support and Resistance Levels for Today 28th Aug 2024

🌞 Commodities 🪙 Morning Update by IMV (28th Aug 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (Sept)🥈 has support at 85000 while resistance at 85600. Sustainable trade below 85000 will take it to 84700...84450 very soon. If it breaks and sustain the resistance level of 85600 then will take it to 85900---86200, respectively. ✒️ Zinc (Sep)🥉 has support at 268.80 and resistance at 272.80 Break and sustained below 268.80 will see the downside move 266.80---264.80 and if sustained above 272.80 can see further upside towards 274.80…276.50 levels. ✒️ Crude Oil (Sep)⛓️ has support at 6320 and resistance at 6405. Sustainable trade below 6320 can see more downside toward 6280…6240 and if sustained above 6405 will see the upside move towards 6445…6485 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

CORRECTION CB Consumer - Confidence Previous: 101.9 Forecast: 100.9 Actual:103.3 Impact: NEGATIVE for Bullions

CB Consumer Confidence Previous: 100.3 Forecast: 100.9 Actual: 103.30 Impact: POSITIVE Richmond Manufacturing Index Previous: -17 Forecast: -14 Actual: -19 Impact: POSITIVE NOTE: All impact mentioned here is for Bullion (Gold and Silver)

S&P / CS Composite - 20 HPI y/y Previous: 6.8% Forecast: 6.2% Actual: 6.5% Impact: As per data it is SLIGHTLY NEGATIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (27th Aug 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct) has support at 71700 and resistance 72000. Break and sustain below 71700 will take it to the next support level of 71550...71400 and sustainable trade above 72000 can see further upside move towards the next resistance level of 72150...72300 ✒️ Zinc (Sep) has support at 267.50 and resistance at 271.50 Break and sustained below 267.50 will see the downside move 265.50---263.50 and if sustained above 271.50 can see further upside towards 273.50…275.50 levels. ✒️ Crude Oil (Sep) has support at 6410 and resistance at 6510. Sustainable trade below 6410 can see more downside toward 6375…6330 and if sustained above 6510 will see the upside move towards 6550…6590 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