Gold Holds Two-Day Advance with Stimulus and Inflation in Focus - Swastika Investmart Ltd
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Key headlines:
* Oil climbs to 13-month highs, as supply cuts, demand optimism support
* Gold Holds Two-Day Advance with Stimulus and Inflation in Focus
* Gold In Strong Start to Week on Biden Stimulus Push
Chart of the day:
The daily chart is indicating downside trend as making lower lows and lower high with good selling volume breaking the consolidation so one can go short in it.
Technical View:
* Bullion: Day trend is indicating mixed move in the Gold and silver.
* Energy: Day trend is indicating upside move in Crude oil and downside in Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move to upside.
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