Commodity Mantra Morning Update: Gold volatile, Oil steady base metals sidewards Dec 04

MCX Gold prices continue to move higher. The daily RSI is in a positive crossover. On the lower end support seen at 49000 while on the higher end resistance seen at 49750.

MCX Crude Oil on the daily chart has formed and small bullish candle. The daily RSI has remained in a positive crossover. On the lower end support seen at 3300 while on the higher end resistance seen at 3450.

MCX Copper price remained volatile during the session. The overall bias remained positive. The daily RSI is in positive crossover. On the lower end support seen at 584 while on the higher end resistance seen at 600.