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25/08/2023 9:12:39 AM | Source: Swastika Investmart Ltd
Bullion: Day trend is indicating sideways to upside in Gold &Silver - Swastika Investmart Ltd
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COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Oil heads for weekly fall on demand worries, dollar strengths

* Oil prices flat as dollar surges ahead of Powell speech

* Oil settles up, rebounds from lows after European storage report

SILVER: Silver is continuing its bullish momentum, and there are no signals of weakness where 74800 is an immediate target level. On the downside, 72800 intraday and immediate support levels While below 72800 leads to further weakness towards the 72500–72000 zone,

OUTLOOK:

* Bullion: Day trend is indicating sideways to upside in Gold &Silver.

* Energy: Day trend is indicating sideways to downside in Crude oil & Natural gas

* Base metals: Day trend is indicating sideways to upside in all base metals.

 

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