Crude Oil Ends Off New 7-Year High but Global Energy Squeeze Continues - Swastika Investmart
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News in headlines:
Oil Down as Global Energy Crunch Begins to Bite
Oil falls after blistering run amid global energy crisis
Crude Oil Ends Off New 7-Year High but Global Energy Squeeze Continues
Chart of the day:
Zinc is trading in sideways to upside trend forming consolidation at higher levels on daily chart so buying can be done when this range gets breached.
Technical View:
Bullion: Day trend is indicating sideways to upside move in Gold and Silver.
Energy: Day trend is indicating uptrendin Crude oil. And uptrend in Natural gas.
Base metals: Day trend in base metal is indicating uptrend.
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