Crude oil Moving in sideways today, Trading in rang 35-36$ from yesterday.
Oil prices are Stable at 35$ nearby because of USA CHINA Tension & eye on OPEC Extension for Oil production cut.
Investors Have Feelings that OPEC Will Extend the Production Cut and prices could zoom to 40$ in near by terms commodity market silver rate.
If USA CHINA Tension Rises then there will be free fall in Crude oil prices and Crude oil Prices may go below 30$ again.
WTI Crude Oil Trading at 35.52$.
Brent Crude Oil Trading at 38.55$.
Mcx Crude Oil Will Open near 2680.
Gold is Trading in Range Bond 1745-1760$.
Yesterday After Making highs near 1760$ ,Gold falls as Doller Weekens because Strong Chinese PMI Data commodity market silver rate.
Gold Looks Bullish and May touch 1800$ per Ounce due to Geo politicals tension.
Gold Rate Today
22 Carat Gold Rate is 46070 per 10 gm.
24 Carat Gold Rate is 47070 per 10 gm.
Today ‘s Trend For Crude oil & Gold
Crude oil above 2751 bullish and may touch 2800/2850 today & Below 2586 its Bearish and may touch 2450/2300.
Mcx Gold above 47609 bullish and may touch 47900/48200 & below 46558 may touch 46300/46000.
For any Query or any Holding positions in Mcx Crude & Gold can Call or whatsapp to 08050795677.