Dollar Advisory Commodity Outlook : Oil Can Bank On Rs 4,330 For Support - Dollar Advisory | Best Commodity Tips Provider

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Monday 12 November 2018

Dollar Advisory Commodity Outlook : Oil Can Bank On Rs 4,330 For Support

Gold and silver prices took on more luster on Monday, making the most of the demand for precious metals from jewelers, industries, and retailers. 

Bullion: Gold can take support near Rs 30,850 and face resistance near Rs 31,150 on MCX. Silver's corresponding figures are Rs 36,600 and Rs 37,100. 

Base Metals: Base metals prices may witness lower level buying. Copper is staring at a wall near Rs 436, but has comfort near Rs 426. Zinc can face headwinds near Rs 187, with likely support near Rs 183. Lead can find support near Rs 140, but upside can be limited near Rs 145. 

Energy: Crude oil can take support near Rs 4,330, with a likely resistance near Rs 4,420 on MCX. 
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