Gold Gains Ground as Dollar Stalls after Fed Focus on Taper vs Rates - Swastika Investmart Ltd
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FUNDAMENTALS OF COMMODITY:
* Oil Steadies After Surge as Investors Assess Tightening Market
* Gold Gains Ground as Dollar Stalls after Fed Focus on Taper vs Rates
* Renewable Natural Gas Set For Disruptive Growth
Chart of the day:
The day trend in CRUDEOIL is indicating sideways to upside move as making higher highs and higher low formation breaking the resistance so buying can be done.
Technical View:
* Bullion: Day trend is indicating sideways 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 and may see some bounce back from the support.
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