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Base metals: Day trend in base metal is indicating mixed move - Swastika Investmart
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News in headlines:
* U.S. natgas futures rise to 31-month high on hotter forecasts
* OPEC and allies target full end to oil production cuts by September 2022, increase supply limits as prices climb
* Oil Inventories Unexpectedly Rise by 800K Barrels Last Week: API
Chart of the day:
The day trend in NATURAL GAS is indicating bullish movement above 283+ levels buy on decline strategy upside it will be test 293-300 levels in upcoming sessions.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold and Silver.
* Energy: Day trend is indicating selling as facing resistance 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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