Oil prices ease as Russia output increases - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Oil prices ease as Russia output increases
* Oil Recovery Runs out of gas on Fears of a Supply Glut
* Californians urged to cut power use during extreme heat
Chart of the day:
SILVER: SILVER is continuing its bearish momentum and there are no signal of recovery where 56700- 56600 is an immediate target levels. On the upside 57400 intraday and immediate resistance level. While above 57400 lead further recovery toward 57800-58200 levels
Technical View:
* Bullion: Day trend is indicating downtrend in Gold & Silver.
* Energy: Day trend is indicating downtrend in Crude oil & uptrend in Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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