GOLD continuing its bullish momentum where 51000-51200 is an immediate target level - Swastika Investmart
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News in headline:
* Oil climbs in tight market as U.S. driving season looms
* Oil Drops as Traders Weigh Tight Gasoline Markets, Weak Growth
* Energy & Precious Metals - Weekly Review and Outlook
Chart of the day:
GOLD: GOLD continuing its bullish momentum where 51000-51200 is an immediate target level. On the downside 50470 intraday and immediate support level. While below 50470 lead further weakness toward 50300-50150 levels
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & uptrend in Natural gas.
* Base metals: Day trend in base metal is indicating sideways to upside.
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