COPPER has given close with green note around 684 - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Gold hits over 3-month high as Powell flags slower rate hikes
* Oil edges higher on tight supply, China demand recovery optimism
* Biden nominee to be ambassador to Russia pledges to prioritize prisoner release
CHART OF THE DAY
COPPER: COPPER has given close with green note around 684, in daily chat found breakout above 682-683 levels, if it sustaining above 683 then it will be test upside 690-695 levels, on the downside it has intraday immediate support level around 678 while below 678 It may head toward 672-667 levels.
OUTLOOK:
* Bullion: Day trend is indicating to sideways to upside in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & downtrend in Natural gas
* Base metals: Day trend is indicating Sideways to upside in all base metals.
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