01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
GOLD is continuing its bullish momentum - Swastika Investmart
News By Tags | #473 #2911

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Daily Commodity Market Updates

News in headlines:

* Oil prices rise on supply disruption jitters as geopolitical tensions grow

* Aerial surveys detect dozens of methane 'super-emitters' in Permian

* Oil Rebounds From Tumble as Traders Focus on Demand Outlook

 

Chart of the day:

GOLD: GOLD is continuing its bullish momentum and there are no signal of weakness where 48750- 48850 is an immediate target level. On the downside 48300 intraday and immediate support level. While below 48300 lead further weakness toward 48000-47900 levels.

Technical View:

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

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

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

 

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