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COPPER is consolidating in the range of 732-760 - Swastika Investmart
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COMMODITY OUTLOOK
News in headlines:
* Oil rises after draw in U.S. stocks, eyes on OPEC+ decision
* U.S. Crude Stocks Fell Last Week but Gasoline Ballooned Further - API
* Oil Prices Hold Ahead of OPEC; More US Inventory Builds Seen
Chart of the day:
COPPER:COPPER is consolidating in the range of 732-760 where move above 760 can lead some upside towards 765-770 while if it slips below 740 it may head towards 735-732 levels.
Technical View:
* Bullion: Day trend is indicating sideways in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
* Base metals: Day trend in base metal is indicating to sideways to upside.
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