Technical comment for the day: Crude Oil
he commodity is expected to move towards Rs 3,390 per barrel in coming days.
Technical comment for the day: Gold
The gains towards Rs 29,300 and 29,350 per 10 grams will be sold this week.
Gold tumbles near $ 1,240 mark
The MCX Gold June futures are trading just above Rs 29,600 per 10 grams.
MCX Gold falls near Rs 29,600 levels in intraday moves
The commodity posted their biggest weekly decline in two months last week, as the Federal Reserve signaled an interest rate hike is coming in June.
However a correction below Rs 29,600 can prove decimating for Gold.
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