05-11-2021 12:04 PM | Source: Swastika Investmart Ltd
Gold Holds Near Three-Month High as Inflation, Fed in Focus - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Gold Holds Near Three-Month High as Inflation, Fed in Focus

* OPEC+ crude oil production rises in April, on surges from Iran, Russia

* February 2021 weather triggers largest monthly decline in U.S. natural gas production

 

Chart of the day:

The day trend in GOLD is indicating sideways to upside move as making higher highs and higher low so one can go long in it but might face resistance so be cautious.

 

Technical View:

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

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

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

 

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