Gold has made fresh life time high on MCX as Israel launched attack on Iran

2025-06-17 10:14:39 am | Source: Tradebulls Securities Pvt Ltd

Gold has made fresh life time high on MCX as Israel launched attack on Iran - Tradebulls Securities Pvt Ltd

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Gold

Gold has made fresh life time high on MCX as Israel launched attack on Iran. With geopolitical stress, it is difficult to find resistance but gold has strong support around 95000.

Crude Oil

Crude Oil is high on back of Israel strike on Iran. We expect some pullback before again strong upside. Resistance is around 6500 while support is around 6000.

Base Metals Update

Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper looks strong among all base metals

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Gold has made fresh life time high on MCX as Israel launched attack on Iran - Tradebulls Securities Pvt Ltd

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