સોનામાં સપોર્ટ રૂ. 59710- 59550, રેઝિસ્ટન્સ 60220- 60450
અમદાવાદ, 31 મેઃ બુલિયન માર્કેટ્સમાં 2000ની નોટની ઇફેક્ટ ઓસરી રહી હોય તેમ ધીરે ધીરે ઘટાડાની ચાલ શરૂ થઇ છે. જોકે સેન્ટ્રલ બેન્ક્સની ખરીદી જારી રહેવાના કારણે ઇન્ટરનેશનલ માર્કેટમાં સોનામાં સુધારાના ચાન્સિસ જણાય છે. તેના પગલે સ્થાનિકમાં ઇન્વેસ્ટમેન્ટ ડિમાન્ડ જોવા મળી શકે છે. ક્રૂડ ઓઇલમાં પણ ઘટાડાનું વલણ જોવા મળી રહ્યું છે. તો સ્થાનિક કરન્સી રૂપિયો ડોલર સામે હાલના તબક્કે સ્ટેડી જણાય છે.
BULLIONS: Silver support at Rs70,580-70,220, resistance Rs71,640–72,120
Gold and silver recovered from their lows on Tuesday amid dip in the dollar index and U.S. 10-year bond yields. Optimism over debt ceiling legislation could fuel a potential reversal in gold pricing. Gold prices also recovered after the World Gold Council’s survey showed that 24% of central banks intend to increase their gold holdings in 2023 due to higher inflation, geo-political tensions and interest rate worries. We expect gold and silver to remain volatile in today’s session. Gold has support at $1942-1930 while resistance is at $1964-1975. Silver has support at $22.95-22.78, while resistance is at $23.40-23.55. In INR terms gold has support at Rs 59,710-59,550, while resistance is at Rs60,220, 60,450. Silver has support at Rs70,580-70,220, while resistance is at Rs71,640–72,120.
CRUDEOIL: support at Rs 5,660-5,580, resistance Rs5,840–5,910
Crude oil prices slipped more than 4% in the international markets ahead of the voting on the U.S. debt ceiling deal and OPEC+ meet. Market is cautious due to divided US house on the debt ceiling deal. Traders are also cautious ahead of the OPEC+ meet as the members are divided on further output cuts. Statements from Saudi Arabia and Russia are contradictory for further output cuts which pushed the oil prices lower. We expect crude oil prices to remain volatile this week amid voting on the U.S. debt ceiling negotiations and OPEC+ meet. Crude oil has support at $68.80–68.00 and resistance is at $70.30–71.10 in today’s session. In INR Crude oil has support at Rs 5,660-5,580, while resistance is at Rs5,840–5,910.
USD-INR: support at 82.55-82.22 resistance 82.92-83.10
The USDINR 27 June futures contract traded steady and sustained above 82.55 levels. As per the daily technical chart, we observed that the pair is trading below its trend-line support level of 82.85 but RSI is fetching above 60 levels. Looking at the technical set-up, MACD is showing positive divergence and the pair is sustaining above 82.55 levels. The pair is having support at 82.55-82.22 while resistance is placed at 82.92-83.10. If the pair slips below 82.50, it could extend losses, else could test its resistance levels again.
(by Rahul Kalantri, VP Commodities, Mehta Equities Ltd)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
