Gold Climbs, Defying Strong Dollar on Fed Hopes - Swastika Investmart
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News in headlines:
* Oil falls amid stockpiling concern; European vaccine woe threatens demand
* Gold Climbs, Defying Strong Dollar on Fed Hopes
* Oil Ends Down, With WTI in Contango Over Dollar, AstraZeneca Worry
Chart of the day:
The day trend in NATURALGAS is indicating sideways to downside move breaking the trendline on daily chart with huge selling volume so more weakness can be seen in it, therefore, one can go with sell on rise strategy.
Technical View:
* Bullion: Day trend is indicating mixed move in the Gold and Silver.
* Energy: Day trend is indicating downside move in Crude oil and in Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move.
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