01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
GOLD has shown strength in recent days - Swastika Investmart
News By Tags | #473 #2911

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COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Oil prices move little amid banking sector uncertainty

* Gold prices dip from $2,000, banking crisis in focus

* African Oil And Gas Popular In Europe After Phaseout Of Russian Energy

 

CHART OF THE DAY

 

GOLD: GOLD has shown strength in recent days; more upside may be seen in the coming days; however, 59600 is an immediate resistance level, and 58800 is an immediate support level. Further strength above 59600 will lead to the 59800-60000 zone. .

OUTLOOK

* Bullion: Day trend is indicating to Uptrend 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

 

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