COPPER is consolidating in the range of 720-740 where move above 740 - Swastika Investmart
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News in headlines:
Oil Down, Assessment of Omicron’s Impact on Fuel Demand Continues
Gold Up, U.S. Treasury Yields Retreat from One-Week High
Oil edge lower as investors try to assess Omicron's full impact
Chart of the day:
COPPER: COPPER is consolidating in the range of 720-740 where move above 740 can lead good upside towards 755-760 while if it slips below 720 it may head towards 710-700 levels.
Technical View:
Bullion: Day trend is indicating sideways to upside in Gold and Silver.
Energy: Day trend is indicating upside in Crude oil & downtrend in Natural gas.
Base metals: Day trend in base metal is indicating sideways to upside.
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