08-09-2021 10:33 AM | Source: Swastika Investmart Ltd
Gold Drops, Silver Tumbles After U.S. Jobs Growth Tops Estimates - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Oil Down, COVID-19 Curbs Continue to Spur Fuel Demand Concerns

* Gold Drops, Silver Tumbles After U.S. Jobs Growth Tops Estimates

* Silver (XAGUSD) Price Sell-Off at Resistance Level of $25 Targeting $23 Level

 

Chart of the day:

 

The day trend in GOLD is indicating sideways to downside move as expected to once test its support level so sell on rise can be followed.

 

Technical View:

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

* Energy: Day trend is indicating mixed move in Crude oil and Natural Gas.

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

 

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