Bullion: Day trend is indicating sideways in Gold &Silver - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE:
* China tells Japan it is troubled by Tokyo's military build up
* Gold prices pinned at 6-week low as Fed minutes loom
* Natural gas comes closer to losing $2 support
CHART OF THE DAY:
NATURAL GAS: NATURAL GAS is continuing its bearish momentum and there are no signal of recovery where 178-175 is an immediate target level. On the upside 192 intraday and immediate resistance level. While above 192 lead further strength toward 198-200.
OUTLOOK:
* Bullion: Day trend is indicating sideways in Gold &Silver.
* Energy: Day trend is indicating sideways in Crude oil & downtrend in Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals.
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