Commodity Mantra Morning Update: All commodities trade higher

MCX Gold traded within a range during the session. However, price sustained above previous swing high on the hourly chart. The daily RSI is in positive crossover. Going forward, a decisive move above 45000 may induce further recovery in the price. On the lower end, crucial support is place at 44400.

MCX Crude Oil price started higher and remained higher throughout the session. The daily RSI is in positive crossover. On the lower end support seen at 4700; on the higher end resistance seen at 4850.

MCX Copper price started higher and traded with positivity throughout the session. The daily RSI is in positive crossover. On the lower end support seen at 674 while on the higher end resistance seen at 696.