01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Oil Down, But Remains Above $70 Mark as Tight Market Hopes Prevail - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Oil Down, But Remains Above $70 Mark as Tight Market Hopes Prevail

* China launches new anti-dumping probe into steel products from Japan, S.Korea and EU

* Demand for oil, gas seen rising in H2-2021 and 2022: Baker Hughes

 

Chart of the day:

The Gold is trading near demand zone of 47350-47230 where we can expect a pullback towards 47725/47875.

 

Technical View:

* Bullion: Day trend is indicating sideways to upside in Gold and Silver.

* Energy: Day trend is indicating support in Crude oil. And Natural gas buy on decline strategy.

* Base metals: Day trend in base metal is indicating mixed move.

 


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