Bullion: Day trend is indicating to Sideways in Gold and Silver - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices recoup weekly losses on the prospect of tighter supply ? Gold prices edge higher but eye weekly loss, PCE data awaited
* Natural gas bounces to the relief of bulls, recapturing $2 support
CHART OF THE DAY
NATURALGAS: NATURALGAS is showing strength from lower levels in daily chart , next big move will be seen after crossing 202 level ,however 194 is an immediate support level and 205 is immediate resistance level . While above 205 lead further strength towards 210-215 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 Sideways in all base metals
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