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Gold Erases 2021 Loss With Fed Policy Steady, Bond Yields Ebbing - Swastika Investmart Ltd
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News in headlines:
* Oil Up, U.S. Crude Supply Draw Offsets Potential Iranian Supply Glut Worries
* Gold Erases 2021 Loss With Fed Policy Steady, Bond Yields Ebbing
* Gold Vaults Above $1,900 First Time in 20 Weeks
Chart of the day:
The day trend in GOLD is indicating sideways to upside move as making higher highs and higher low formation with huge buying volume and expected to give range breakout so buying can be done.
Technical View:
* Bullion: Day trend is indicating sideways to upside 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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