Brent Oil Steady at Open After Longest Losing Streak Since 2018 - Swastika Investmart
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News in headlines:
Oil Up, Reverses Seven-Day Losing Streak as Investor Bargain-Hunt
Oil prices rebound from 7-day losing streak as investors snap up bargains
Brent Oil Steady at Open After Longest Losing Streak Since 2018
Chart of the day:
GOLD is trading near to resistance area of 47500-47800 and if it closes above given level successfully then it may see further upside towards 48000-48500 zone otherwise if it slips below 4700 then it may head towards 46500-46000 zone.
Technical View:
Bullion: Day trend is indicating sideways to downside in Gold and Silver.
Energy: Day trend is indicating downtrend in Crude oil. And support in Natural gas.
Base metals: Day trend in base metal is indicating downside move.
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