Powered by: Motilal Oswal
23/08/2023 8:52:09 AM | Source: Swastika Investmart Ltd
Energy: Day trend is indicating sideways in Crude oil & Natural gas - Swastika Investmart
News By Tags | #473 #2911

COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Oil prices ease on concerns over rate hikes, China gloom

* Oil prices pressured by strong dollar; PMIs, inventories in focus

* Oil prices settle lower on nagging worries about Chinese demand

GOLD: GOLD

is consolidating in the small range of 58270-58700, and if it moves above 58700, it can lead some upside movement towards 59000-59200, while if it slips below 58270, it may head towards the 58000-57700 zone. Which is 200 DMA in daily chart. OUTLOOK:

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

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

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

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here