IGI Logo

News in headlines:

* Oil recovers as tight U.S. supplies offset China reserves sale plan

* Gold Down as Dollar Strengthens, Uncertainty over Fed Taper Timeline Remains .

* Oil Up, but Set for Weekly Loss as China Plans Strategic Reserve Release

Chart of the day:

GOLD:

GOLD is trading in well-defined trading range of 47600-46700 and any decisive move from this band will dictate further direction from here. 47200 is an immediate intraday hurdle while 46700 is an immediate intraday support level.

Technical View:

* Bullion: Day trend is indicating sideways move in Gold and Silver.

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

* Base metals: Day trend in base metal is indicating up-move.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer