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01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Base metals : Day trend is indicating Sideways in all base metals - Swastika Investmart
News By Tags | #473 #2911

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COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Oil prices muted after mixed Chinese data, OPEC meeting awaited

* Gold prices keep $2,000 in sight as bank fears bring bumper quarter ? Pirates Board Oil Tanker Offshore West Africa

CHART OF THE DAY

GOLD

GOLD has been consolidating in a narrow range in recent day, and the next move will be seen after the range breakout; however, 59400 is an immediate resistance level and 58900 is an immediate support level. Further strength above 59400 will lead to the 59600-59800 zone

OUTLOOK

* Bullion: Day trend is indicating to Uptrend in Gold &Silver.

* Energy: Day trend is indicating Sideways in Crude oil & Natural gas

 

 

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