GOLD is consolidating in the range of 51700-57300 - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Gold Tumbles From $1,800 as Hawkish Fed Officials Boost Dollar
* China customs suspends imports of citrus fruits, some fish products from Taiwan
* Oil falls on demand worries, stronger U.S. dollar
Chart of the day:
GOLD: GOLD is consolidating in the range of 51700-57300 where move above 51700 can lead some fresh upside move towards 52000-52300 while if it slips below 51300 it may head towards 51000- 52800 zone.
Technical View:
* Bullion: Day trend is indicating sideways to downside in Gold & Silver.
* Energy: Day trend is indicating downtrend in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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