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28/01/2022 11:47:43 AM | Source: Swastika Investmart Ltd
CRUDEOIL is continuing its bullish momentum - Swastika Investmart
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CRUDEOIL is continuing its bullish momentum - Swastika Investmart

Daily Commodity Market Updates

News in headlines:

* U.S. focused on existing metals talks, Tai tells S. Korean trade chief

* Oil Rally Gathers Pace as WTI Heads for a Sixth Weekly Advance

* Exclusive-White House mulls extension of Trump-era solar tariffs, with tweaks

 

Chart of the day:

CRUDEOIL: CRUDEOIL is continuing its bullish momentum and there are no signal of weakness where 6650-6700 is an immediate target level. On the downside 6430 intraday and immediate support level. While below 6430 lead further weakness toward 6390-6300 levels.

Technical View:

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

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

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

 

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