GOLD is continuing its bullish momentum - Swastika Investmart
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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