Verdict- Neutral.
DCE Jan24 contract saw a low high during the day, and potentially entered a consolidation period. Hourly MACD flattened in bearish area. Hourly CCI fell into neutral area. A rejection on 881.5 for next few sessions would stuck the price level into narrower range. The trading was crowded in the range 870 – 875.0 area in the past twelve trading hours.
First support 859.0. First resistance 881.5.
