Published on 7/07/2020 9:47:10 AM | Source: Swastika Investmart Ltd

Day trend in GOLD shows upside move as taking support of moving average on daily chart so buying can be seen - Swastika Investmart

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Key headlines:

* Gold Up Over Continuous Influx of COVID-19 Cases

* Oil prices inch higher on output cut support, but U.S. coronavirus spike caps gains

* Gold Steadies Just Under $1,800 Amid Risk-On Move

Technical View:

* Bullion: Gold and Silver shows upside move so buying can be seen.

* Energy: Day trend in Crude oil may remain sideways to upside also buying can be seen in Natural Gas.

* Base metals: Day trend in base metal shows sideways move to upside.


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