Indian Market View Commodity Channel (SEBI Registered)

LME Inventory for today (01st Aug 2024) Aluminium down by -3800MT Copper up by 5875MT Lead down by -2600MT Nickel up by 4764MT Zinc down by -1700MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (01st Aug 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Gold (Oct)🥇 has support at 69900 and resistance 70200. Break and sustain below 69900 will take it to the next support level of 69760...69610 and sustainable trade above 70200 can see further upside move towards the next resistance level of 70340…70490 ✒️ Copper (Aug)⛓️ has support at 805 and resistance at 811 Sustainable trade above 811 will see the upside move towards 814, 817 and if sustained below 805 can catch the downside move towards 802, 800 respectively. ✒️ Crude Oil (Aug)🛢️ has support at 6530 and resistance at 6610. Sustainable trade below 6530 can see more downside toward 6490…6450 and if sustained above 6610 will see the upside move towards 6650…6690 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

Good morning dear friends have a great day ahead 🙏 🕉️ 👉 FED has kept Interest rate unchanged at 5.50% 👉 But FED Governer has given hint that data's are coming good and the rate cut can start from September meeting 👉 On this anticipation Both Gold and Silver jumped and trading above yesterday price 👉 We are going to see Gap Up opening in Gold and Silver both ⬆️⬆️

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Pending home sales Previous: -2.1% Forecast : 1.4% Actual data: 4.80% Impact:. Negative For bullion

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Employment Cost Index q/q Previous: 1.20% Forecast : 1.0% Actual: 0.90% Impact: POSITIVE for Bullion

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (31st July 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 69360 and resistance 69680. Break and sustain below 69360 will take it to the next support level of 69210...69050 and sustainable trade above 69680 can see further upside move towards the next resistance level of 69820…69980 ✒️ Zinc (Aug)🥉 has support at 250 and resistance at 254 Break and sustained below 250 will see the downside move 248---246 and if sustained above 254 can see further upside towards 256…258 levels. ✒️ Crude Oil (Aug)🛢️ has support at 6380 and resistance at 6460. Sustainable trade below 6380 can see more downside toward 6340…6300 and if sustained above 6460 will see the upside move towards 6500…6540 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

LME Inventory for today (31st July 2024) Aluminium down by -3500MT Copper down by -125MT Lead down by -3025MT Nickel up by 96MT Zinc down by -2050MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (31st July 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Gold (Oct)🥇 has support at 69350 and resistance 69650. Break and sustain below 69350 will take it to the next support level of 69200...69050 and sustainable trade above 69650 can see further upside move towards the next resistance level of 69800…69950 ✒️ Copper (Aug)⛓️ has support at 798 and resistance at 803 Sustainable trade above 803 will see the upside move towards 806, 809 and if sustained below 798 can catch the downside move towards 795, 792.50 respectively. ✒️ Natural Gas (Aug)⛽ support has 174 and resistance 184. Sustainable trade above 184 can see more rally towards the next level of 189, 194 and if sustained below 174 then can move towards 169…164. 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

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CB Consumer Confidence Previous: 100.40 Forecast: 99.70 Actual Data: 100.30 Impact: NEGATIVE JOLTS Job Openings Previous: 8.14M Forecast: 8.02M Actual Data: 8.18M Impact: NEGATIVE NOTE: All Impact mention here is for Bullion (GOLD and SILVER)

S&P/CS Composite-20 HPI y/y Previous: 7.20% Forecast: 6.50% Actual: 6.80 Impact: SLIGHTLY NEGATIVE for BULLION

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (30th July 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Gold (Oct)🥇 has support at 68600 and resistance 68900. Break and sustain below 68600 will take it to the next support level of 68460...68310 and sustainable trade above 68900 can see further upside move towards the next resistance level of 69050…69200 ✒️ Copper (Aug)⛓️ has support at 782.50 and resistance at 788.50 Sustainable trade above 788.50 will see the upside move towards 791.50, 794 and if sustained below 782.50 can catch the downside move towards 780, 777.50 respectively. ✒️ Crude Oil (Aug)🛢️ has support at 6300 and resistance at 6390. Sustainable trade below 6300 can see more downside toward 6260…6220 and if sustained above 6390 will see the upside move towards 6430…6470 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

LME Inventory for today (30th July 2024) Aluminium down by -3500MT Copper down by -1500MT Lead down by -2975MT Nickel up by 6MT Zinc down by -1000MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (30th July 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (Sept)🥈 has support at 81100 while resistance at 81700. Sustainable trade below 81100 will take it to 80800...80500 very soon. If it breaks and sustain the resistance level of 81700 then will take it to 82000---82300, respectively. ✒️ Zinc (Aug)🥉 has support at 246.50 and resistance at 250.50 Break and sustained below 246.50 will see the downside move 244.50---242.50 and if sustained above 250.50 can see further upside towards 252.50…254.50 levels. ✒️ Natural Gas (Aug)⛽ support has 168 and resistance 178. Sustainable trade above 178 can see more rally towards the next level of 183, 188 and if sustained below 168 then can move towards 163…158. 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