Bullion: Day trend is indicating to sideways to upside in Gold &Silver - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Mexico unveils tax break plan for southern business corridor
* Oil edges lower as OPEC-driven rally fizzles out
* Gold regains some ground as dollar dips on weak U.S. data
CHART OF THE DAY
Gold is consolidating in the wide range of 59300–60300, where a move above 60300 can lead some upside towards 60700–60900, while if it slips below 59300, it may head towards the 59000–58700 zone.
OUTLOOK:
* Bullion: Day trend is indicating to sideways to upside in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas
* Base metals: Day trend is indicating sideways in all base metals.
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