Published on 3/06/2020 11:45:26 AM | Source: Swastika Investmart Ltd

Day trend in base metal shows mixed move to upside - Swastika Investmart

Posted in Commodities Reports| #Commodity Tips #Swastika Investmart Ltd

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Key headlines:

* Oil’s Comeback Encourages U.S. Shale and Complicates OPEC+ Task

* Natural Gas May Be the Next Major Commodity to Trade Below Zero

* Oil rises nearly 3% ahead of OPEC+ meeting, easing lockdowns


Technical View:

Bullion: Gold and Silver both shows some profit booking so selling can be seen.

Energy: Day trend in Crude oil shows upside move whereas Natural gas may show some downside move.

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



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