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Daily Commodity Market Updates

News in headlines:

* Chile sinkhole grows large enough to swallow France's Arc de Triomphe

* Copper Prices Muted on Mixed Chinese Trade Data, Gold Steady

* Oil slides amid recession fears, slow recovery in China imports

COPPER:

COPPER is continuing its bullish momentum and there are no signal of weakness where 665 is an immediate target level. On the downside 647 intraday and immediate support level. While below 647 lead further weakness toward 640-636 levels.

Technical View:

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

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

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

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