Bullion: Day trend is indicating sideways to upside in Gold & Silver - Swastika Investmart
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Daily Commodity Market Updates
News in headline:
* Oil wobbly after near 6% slump on economic concerns
* Energy & Precious Metals - Weekly Review and Outlook
* Australian power station fire will not worsen energy crisis -market operator
Chart of the day:
NATURAL GAS: The overall structure of the NATURAL GAS is very weak where the previous swing low of 535 is an immediate and important support level below this 490 will be the next critical support level. On the upside, the 586 area will act as an immediate resistance area.
Technical View:
Bullion: Day trend is indicating sideways to upside in Gold & Silver
Energy: Day trend is indicating downtrend in Crude oil & Natural gas.
Base metals: Day trend in base metal is indicating downtrend.
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