The MCX Aluminium price has been on a downward trend for the past few months, but it has recently bounced back to the upper Bollinger band resistance level of 206. However, the price has failed to break through this level, indicating… Read More...
The MCX Natural gas price has been moving in a sideways range for the past few weeks, but the recent break below the support level of 204.7 indicates that the short-term trend is bearish. The price has now started forming lower highs… Read More...
Bollinger Bands are a technical analysis tool developed by John Bollinger in the early 1980s. They are a type of price envelope that is plotted two standard deviations above and below a simple moving average of the price. The bands are… Read More...
Gold mini
The MCX Gold Mini price has been trading in a sideways range for the past few days, unable to break through the upper trend line resistance at 59,850. Yesterday's negative close, however, indicates that the short-term trend is… Read More...
The MCX Aluminium price has been on a downward trend for the past few months, but it has recently bounced back to the upper Bollinger band resistance level of 206. However, the price has failed to break through this level, indicating that the trend is still sideways to bearish.
The price is…
