Day trend in Gold and Silver are showing recovery from the support levels so may remain upside - Swastika Investmart
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Daily Commodity Market Updates
News in headline:
* Oil prices rise on tight supply as attention turns to OPEC+ meeting
* Gold Jumps 1.8%; Biggest Rally Since March as U.S. Enters Recession
* Inflation, price rise could dent India's gold demand in July-Dec -WGC
Chart of the day:
NATURALGAS
The price of NATURALGAS is facing resistance on the daily chart around the levels of 715, from where a profit booking is seen, selling is still intact, so sell on rise to be followed.
Technical View:
* Bullion: Day trend in Gold and Silver are showing recovery from the support levels so may remain upside.
* Energy: Day trend is mixed in Crude oil and Natural gas.
* Base metals: Day trend in base metal are in the sideways zone.
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NATURALGAS, given yesterday`s close with a green note around 215, is continually consolidati...
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