Bullion: Day trend is indicating sideways move to upside but may face resistance in Gold and Silver - Swastika Investmart Ltd
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News in headlines:
* Oil Up, OPEC+ Talks Fail to Reach an Agreement to Increase Supply
* Natural gas demand growth set to slow in coming years, but strong policy actions still needed to bring it on track for net-zero emissions
* Oil Climbs Above $76 After OPEC+ Talks End Without Supply Deal
Chart of the day:
The day trend IN COPPER is indicating sideways to upside as breaking the trend line on daily chart with good buying volume and manage to give closing above that which indicates buy signal.
Technical View:
* Bullion: Day trend is indicating sideways move to upside but may face resistance in Gold and Silver.
* Energy: Day trend is indicating upside move in Crude oil and Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move.
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