IGI Logo

COMMODITY TECHNICAL OUTLOOK

Oil falls on Ukraine peace talk hopes, China demand fears

Russia and West at odds over gas payments in roubles

Oil Extends Losses on China Demand Concerns Ahead of OPEC+ Meet

Chart of the day:

COPPER: COPPER is consolidating in the range of 810-832 where move above 832 can lead further upside towards 842-850 while if it slips below 810 it may head towards 800-792 levels.

Technical View:

Bullion: Day trend is indicating sideways in Gold & Silver.

Energy: Day trend is indicating downtrend in Crude oil & uptrend in Natural gas.

Base metals: Day trend in base metal is indicating sideways to downtrend.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer