Mcx Full Independent Trading Guide

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We will provide you Best Online and Offline support 24/7 via WhatsApp,Facebook,Instagram. www.jupiterr.co India's No.1mcx Tips Provider Missed Call @:9761458186 For six weeks the bears in crude oil  has beat their drums, when crude lost buying interest as EIA and OPEC lowered their forecast for global oil demand for the rest of 2018 and 2019. More than $20/barrel was shed off from the year’s high. Are we looking for a rebound as price hit 30 degree uptrend line and above yearly pivot $54.22. The global growth slowdown , which was the initial catalyst for the sell-off, forced OPEC to meet this December 6th to agree on a supply reduction as suggested by Saudi’s enegy minister Khalid Al-Falih. Nevertheless, this initiative could be meaningless if Russia decided not to participate in any joint move with OPEC. but for now, the bullish hammer closed yesterday and less inventories expected (2.099M vs 10.270M ) plus the long term bullish technicals warrant a buy above wee...

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We will provide you Best Online and Offline support 24/7 via WhatsApp,Facebook,Instagram. www.jupiterr.co India's No.1mcx Tips Provider Missed Call @:9761458186 Although optimism is starting to grow among gold traders, one technical analyst warns that it is still a little too early to turn overly bullish on the precious metal. Greg Harmon, founder of Dragonfly Capital, said while gold has bounced off recent support at $1,220 an ounce, prices need to push past their October highs above $1,246 an ounce, before he becomes overtly positive on the yellow metal. “We are starting to see higher lows, but we still need to make higher highs,” he said. “A push above $1,240 an ounce would signal a trend reversal. We see some good momentum on this bounce, but we still need a little bit more. The CME Fedwatch Tool shows that although markets are pricing in two interest rates next year, expectations for four increases has been pared back sharply from the previous week. The risk...

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We will provide you Best Online and Offline support 24/7 via WhatsApp,Facebook,Instagram. www.jupiterr.co India's No.1mcx Tips Provider Missed Call @:9761458186 Not only is gold getting hit from widespread negative sentiment in the commodity space, but it is also being dragged lower on expectations that the Federal Reserve will continue to raise interest rates, which is supporting the U.S. dollar near a one-year high followin tuesday,s moneytary poolicy .meeting, the Federal Reserve, while keeping interest unchanged in a range between 2.00% and 2.25%, reiterated its optimistic view on the economy, saying that activity has been rising at a strong rate. “The Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective over the medium term. Risks to the economic outlook appear roughly...

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We will provide you Best Online and Offline support 24/7 via WhatsApp,Facebook,Insta gram. www.jupiterr.co India's No.1mcx Tips Provider Missed Call @:9761458186 Three-month base metals prices on the London Metal Exchange were once again higher across the board by an average of 0.5% on the morning of Friday September 21. This follows Thursday’s generally bullish performance that saw the base metals complex close with gains averaging 0.7%. Nickel and copper led on the upside this morning with gains of 1.3% and 0.9% respectively, with the red metal recently quoted at $6,173 per tonne. Volume across the complex has been high with 11,481 lots traded as at 07.06am London time – price gains on high volume bode wel l. The precious metals were stronger too with prices up by an average of 0.4%, with spot gold prices up by 0.2% at $1,209.20 per tonne. The drop in the dollar is no doubt helping sentiment. In China, the base metals prices were for the most part stronger this morning, t...