21 st Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro.

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1 21 st Aug 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Turmeric Refined Soya

2 Gold prices rose on Monday after touching a 19-month low last week as a strengthening currency in China made the metal cheaper for buyers in the world s biggest gold consumer. Gold price has taken Bollinger band support which intimates buying pressure in the counter. Furthermore, a momentum indicator RSI (14) & MACD has shifted into positive zone, which suggest recovery in the prices. Moreover, price has moved above 21 days SMA on hourly chart. So based on the above structure; we expect sideway to bullish move in Gold for the day. Gold MCX Silver price closed Flat on Monday On the daily chart, Silver price trading near rising trendline support which intimate buying pressure in the counter. Silver price has taken Bollinger band support which intimates buying pressure in the prices. Furthermore, a momentum indicator RSI (14) & MACD has shifted into positive zone, which suggest recovery in the prices. Moreover, price has moved above 21 days SMA on hourly chart. So based on the above structure; we expect sideway to bullish move in Silver for the day. Oct Silver Sep Sideway to bullish 29650/ Sideway to bullish 37200/ Gold Silver

3 MCX copper climbed on Monday as hopes of progress in a trade dispute between the United States and China buoyed risk appetite and undermined safe-haven demand for the dollar. In addition, price has retreated from upper Bollinger Band pattern; which stipulate further downtrend in the counter. Furthermore, a momentum indicator RSI (14) & MACD has shifted into negative zone, which suggest fall in the prices. hence, we expect bearish movement in the prices for the day. MCX Zinc closed down on Monday. In addition, price has retreated from upper Bollinger Band pattern; which stipulate further downtrend in the counter. Furthermore, a momentum indicator RSI (14) & MACD has shifted into negative zone, which suggest fall in the prices. On an hourly chart, price has slipped below 21 days EMA which suggest fall in the prices for near term. hence, we expect bearish movement in the prices for the day. Copper Aug Zinc Aug / / Copper Zinc

4 Oil posted its biggest weekly loss in five weeks and its longest run of weekly declines in three years on lingering fears of an emerging market demand slowdown and building U.S. stockpiles. On the daily chart, price has given Rising Trendline breakdown and also formed Double Top pattern; which forms in uptrend and indicates bearish trend. Furthermore, a momentum indicator RSI and MACD has shifted into bearish mode with negative. So based on the above structure, we expect bearish trend for the day. Natural gas prices closed below trend line resistance, which indicate bearish sentiments among the traders. On the daily chart, price has reversed back after taking a resistance of upper Bollinger band formation; which indicate immediate resistance zone around 209 levels. On an hourly chart, price has slipped below 21 days EMA. Furthermore, a momentum indicator RSI (14) and MACD has traded lower with negative crossover on an hourly chart. So based on the above technical studies, we expect sideways to bearish move in MCX Natural Gas prices. Crude Oil Sep Natural Gas Aug / / Crude Natural Gas

5 On the daily chart, NCDEX turmeric has been symmetrical triangle breakdown; which indicate selling pressure in the counter. In addition, price has retreated from middle Bollinger band formation, which acted as resistance zone for the price at higher levels. Moreover, price has slipped below 21 days SMA on daily chart. A daily momentum indicator RSI reading is at levels with a negative crossover which points out for a bearish breath in the Counter. So based on the above aspects, we recommend bearish view in turmeric for the day. On the daily chart, NCDEX Refined soya oil has formed H&S pattern, which is a bearish reversal and prices are hovering near the neck line of the said formation so breakdown is expected. In addition, price has shifted below 50 days EMA; which suggest bearish movement for near term. Moreover, momentum indicator RSI (14) reading is at levels which point out bearish sentiment in the prices. Furthermore, MACD has moved below zero line with negative crossover on daily chart. So based on the above structure, Refined oil is expected to move further down for the day. Turmeric Sep RSO Sep / Ḃearish 737/ Turmeric RSO

6 Gold 1199 Silver Crude Oil WTI Brent Crude Oil Natural Gas USD / INR Dollar Index EUR / USD CRB Index* Copper Aluminum 2055 Zinc Lead Nickel Copper Aluminum Zinc Lead TODAY NO DATA - -

7 PIVOT TABLE S3 S2 S1 Pivot R1 R2 R3 Copper Aluminum Lead Nickel Zinc Natural Gas RM Seed Soybean RSO Jeera Chana Guar Seed Dhaniya Castor Seed

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