Gold Set for Worst Start to Year in a Decade as Dollar Ascends - Swastika Investmart Ltd
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Key headlines:
* Gold Set for Worst Start to Year in a Decade as Dollar Ascends
* New Oil Deals In Iraq Carry Serious Geopolitical Implications
* Oil slips on tightening COVID-19 curbs, especially in China
Chart of the day:
The day trend in COPPER is showing sideways to downside trend on daily chart as failed to sustain above the moving average which acts as a strong resistance so sell on rise can be followed.
Technical View:
* Bullion: Day trend is indicating sideways move in the 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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