Base metals: Day trend is indicating uptrend in all base metals - Swastika Investmart Ltd
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices dip as dollar firms, Chinese data deluge in focus
* Oil holds above $80/bbl on OPEC+ cuts, traders eye China recovery
* Gold steadies above $2,000 as markets reassess Fed risks
CHART OF THE DAY
ZINC: ZINC crosses 250 resistance zone and is given a closing above 250 on the previous trading session, however 255 is acting as a minor hurdle above this we can see further upside towards 260-262 levels, while below 248 it may head towards 245-242 levels again.
OUTLOOK
* Bullion: Day trend is indicating to uptrend in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Sideways in Natural gas
* Base metals: Day trend is indicating uptrend in all base metals.
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