Bullion: Day trend is indicating to downtrend in Gold &Silver - Swastika Investmart Ltd
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* EU's Michel calls for 'stable and constructive' cooperation with China
* Oil rises on debt ceiling optimism, set to snap 4-week losing spree
* U.S., Taiwan reach deal on first part of '21st Century' trade pact
CHART OF THE DAY
GOLD: GOLD has given negative close below 60000 on yesterday’s trading session. Where 59500 will be the first support area while 59000 are the next critical support levels. On the upside 6100 level minor hurdle above this we can expect 61300-61500 level.
OUTLOOK
* Bullion: Day trend is indicating to downtrend in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas
* Base metals: Day trend is indicating downtrend in all base metals.
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