Energy: Day trend is indicating sideways to downside in Crude oil & Natural gas - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil ticks higher after China moves to support flagging economy
* Oil prices edge higher after two weeks of losses, WTI tests $80
* Oil up but ends week down again as Powell signals more U.S. rate hikes
CHART OF THE DAY
SILVER: SILVER is consolidating in the range of 72900-74050 where move above 74050 can lead some upside towards 74300- 74500 while if it slips below 72900 it may head towards 72600-72400 zone.
OUTLOOK:
* Bullion: Day trend is indicating sideways to upside in Gold &Silver.
* Energy: Day trend is indicating sideways to downside in Crude oil & Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals.
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