01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Copper is continuing its bullish momentum and there are no signal of weakness where 652- 655 is an immediate target level - Swastika Investmart
News By Tags | #473 #2911

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Daily Commodity Market Updates

News in headlines:

* Oil Sinks Further Amid China Concerns, Weakened Economic Prospects

* Oil prices edge higher as U.S. dollar eases

* Gold Pressured Near $1,650, Copper Muted on Economic Fears

Chart of the day:

COPPER: COPPER is continuing its bullish momentum and there are no signal of weakness where 652- 655 is an immediate target level. On the downside 648 intraday and immediate support level. While below 648 lead further weakness toward 644-640 levels.

Technical View:

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

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

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

 

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