Gold Records Worst Monthly Loss in Five Years on Fed Taper-Tantrum - Swastika Investmart Ltd
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News in headlines:
* Malaysia says palm oil industry faces $2.4 billion annual loss due to labour crunch
* Gold Records Worst Monthly Loss in Five Years on Fed ‘Taper-Tantrum’
* OPEC+ May Discuss Extending Oil Production Pact Beyond April 2022
Chart of the day:
The day trend in CRUDEOIL is indicating upside move and expected to break the resistance as showing bounce from support levels with good buying volume so buying can be done at lower levels.
Technical View:
* Bullion: Day trend is indicating sideways move to downside 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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