MCX Gold is likely to trade with sideways to negative bias during today`s trading session - Monarch Networth Capital
![](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
COMMODITY TECHNICAL OUTLOOK
* MCX Gold is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.63000 - 62800 levels whereas resistance is at Rs.63400 - 63600 levels.
* MCX Silver is likely to trade with negative bias during today’s trading session. Support is at Rs.74000 - 73600 levels whereas resistance is at Rs.74800 - 75200 levels.
* MCX Crude Oil is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.5920 - 5850 levels whereas resistance is at Rs. 6080 - 6150 levels.
* MCX Copper is likely to trade with negative bias during today’s trading session. Support is at Rs.726 – 722 levels whereas resistance is at Rs.734 - 738 levels.
CHART OF THE DAY
Strategy: Intraday
* SILVER prices traded with negative bias during the last trading session; and prices are trading below upward trend line.
* For Intraday session immediate support is at 74000 - 73600 level and resistance at 74800 - 75200. Any pullback towards resistance level should be taken as selling opportunity targeting immediate support of 74000 - 73600 levels on lower side.
Please refer disclaimer at https://www.mnclgroup.com/disclaimer
SEBI Registration Number : INZ000043833
![](https://portfolio.investmentguruindia.com/uploads/news/ShaktikantDas080324.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Realestate04.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Maruti Suzuki 25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/FMCG4.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arpit Mehrotra, Managing Director, Office services, India, Colliers.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Finance.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/defence-ministry.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/CEAT Ltd 12.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/UPI_12Feb.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/PcFirm.jpg)