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CRUDEOIL has given positive close above 7800 on yesterday’s trading session - Swastika Investmart
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Daily commodity Market Updates
News in headline:
Russia cuts gas to Poland in what Ukraine condemns as 'gas blackmail'
Oil extends gains on Russia-Europe tension, China stimulus hopes
U.S. ditches Trump-era policies for Arctic Alaska oil reserve
Chart of the day:
CRUDEOIL: CRUDEOIL has given positive close above 7800 on yesterday’s trading session. Where 7590 will be the first support area while 7450 are the next critical support levels. On the upside 7950 is first hurdle above this we can expect 8050 level.
Technical View:
Bullion: Day trend is indicating downtrend in Gold & Silver.
Energy: Day trend is indicating sideways in Crude oil & sideways in Natural gas.
Base metals: Day trend in base metal is indicating sideways.
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