01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Natural Gas has given a positive close above 210 on yesterday`s trading session - Swastika Investmart Ltd
News By Tags | #473 #2911

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COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Gold steadies below $2,000 as debt ceiling talks continue, Fed in focus

* Oil edges up on supply worries, G7 pledge to enforce Russian price caps

* Oil retreats amid uncertainty over debt ceiling talks

 

CHART OF THE DAY

NATURALGAS: NATURALGAS has given a positive close above 210 on yesterday’s trading session. Where 220 will be the first resistance area, while 225 is the next critical resistance level. On the downside, the 210 level is minor support; below this, we can expect 205–200 levels

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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