Thursday, March 23, 2023

23rd March view for Commodity

Good morning

Gold at 1973$
Upside resistance 1985-2000$ 

As expected FED rate hike 25 bps points now 
And long setups are continuously up 

Gold mcx open at 59220
No fresh entry but is take then prefer long only 

With Downside risk 58340 

Now silver have more room to go upside 
Currently at 22.90$ 
Upside resistance 23.2$ and 23.90$ 

In mcx 69780 and upside 70000 near upside 71000 view will be achieved for sure 
Fresh entry only take in decline 

Crude view is continue long 
Cmp 5806 
Sl will be 5720

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