Base metals: Day trend is indicating Sideways to upside in all base metals - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE:
* Extinction Rebellion UK to halt disruptive protests
* Coal, gas lead 2022 commodities rally; recession clouds New Year
* Supreme dollar rules the roost in gold market
CHART OF THE DAY:
GOLD: GOLD has given close with green note around 55017, in daily chat it consolidate the wide range of 55200-54400, fresh breakout possible either side of this range, short term trend is bullish, downside it has good support around 54400, on he upside it has an intraday immediate resistance of 55100
OUTLOOK:
* Bullion: Day trend is indicating uptrend in Gold &Silver.
* Energy: Day trend is indicating sideways to upside in Crude oil & downtrend in Natural gas
* Base metals: Day trend is indicating Sideways to upside in all base metals.
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