Bullion: Day trend is indicating to Sideways in Gold & Silver - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices settle lower as surging COVID cases in China bite into demand optimism
* WTI crude oil settles at $78.96
* Oil rises in thin trade on concerns over U.S. storm impact
CHART OF THE DAY
NATURAL GAS: NATURAL GAS showing weakness in recent days due to uncertain global market demand , however 380 is an immediate support level and 395 is immediate resistance level . While above 395 lead further strength towards 400-410 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Sideways in Crude oil & Natural gas
* Base metals: Day trend is indicating Uptrend in all base metals.
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