HERE IS AN UPDATE ON COMMODITIES MARKET REPORT & LEVELS 20 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold gained as the dollar plumbed to fresh five-week lows after the U.S. central bank's signal of a slower pace of rate increases this year disappointed dollar bulls.

 Base Metal Silver prices gained as weakness in the U.S. dollar, following Wednesday’s Federal Reserve decision, provided a runway for gains.

Crude oil prices settled flat but speculators sharply cut long positions during last week's rout.

Copper rose and posted its biggest weekly gain since mid-February in response to a weak U.S. dollar and ongoing mine supply concerns.

Zinc gained on expectations the closure and suspensions of big mines will create shortages.

Nickel prices gained as support seen as the Philippines has repeatedly indicated that it will slash output.

Natural gas prices gained as lingering cold weather continued to raise the prospect of greater demand.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28476

S1 -28422                                                                   R1-28562

S2 -28336                                                                   R2-28616

SILVER

P. POINT-40844

S1 - 40739                                                                 R1-41013

S2 - 40570                                                                 R2-41113

COPPER

P. POINT-389.2

S1- 387                                                                       R1-392

S2- 384                                                                       R2-394.5

NATURAL GAS

P. POINT-192

S1 -190                                                                         R1-195

S2 -187                                                                         R2-196

CRUDE OIL

P. POINT-3199

S1 -3179                                                                     R1-3216

S2 -3162                                                                     R2-3236