Oil Holds Losses After Slipping from 7-Year High on Growth Fears - Swastika Investmart
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News in headlines:
* U.S. Oil Hub Emptying to Levels Last Seen When Crude Cost $100
* Biden expects gasoline prices to fall in 2022
* Oil Holds Losses After Slipping from 7-Year High on Growth Fears
Chart of the day:
NATURALGAS: NATURALGAS is given close around 385 with flat note, it took good support near to 50 DMA, where upside it has an immediate resistance levels 400-410 levels, and on the downside it has an intraday support at 375-370 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside move in Gold and Silver.
* Energy: Day trend is indicating sideways in Crude oil. And sideways to upside in Natural gas.
* Base metals: Day trend in base metal is indicating sideways.
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