Copper is consolidating in the range of 765-780 - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE:
* Oil cools after 3-day rally amid Fed uncertainty, U.S. inventory build
* Gold edges lower as markets reassess rate hike outlook
* White House says blog post on Nord Stream explosion 'utterly false'
CHART OF THE DAY:
COPPPER: COPPPER is consolidating in the range of 765-780, where a move above 780 can lead to some upside towards 787-795, while if it slips below 765 it may head towards the 760-755 zone.
OUTLOOK:
* Bullion: Day trend is indicating sideways to upside in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & downtrend in Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals.
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