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Bullion: Day trend is indicating sideways to downside in Gold &Silver - Swastika Investmart Ltd
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices flat as rates anxiety, China gloom offset tighter supply
* Oil prices rise past China rate disappointment, tighter supplies eyed
* Gold has 4th weekly loss, after tumble to 5-month low
SILVER: SILVER is consolidating in the wide range of 69370–70900, and if it moves above 70900, it can lead some upside movement towards 71500–72300, while if it slips below 69300, it may head towards the 68800–68000 zone.
OUTLOOK:
* Bullion: Day trend is indicating sideways to downside in Gold &Silver.
* Energy: Day trend is indicating sideways in Crude oil & downside in Natural gas
* Base metals: Day trend is indicating sideways in all base metals.
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