Gold Steadies Near Four-Week Low as Key Fed Meeting in Focus - Swastika Investmart Ltd
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News in headlines:
* Oil rises as threat of immediate Iran supply recedes
* Gold Steadies Near Four-Week Low as Key Fed Meeting in Focus
* Gold Hits One-Month Low Under $1,850 as Fed Taper Talk Gains Steam
Chart of the day:
The day trend in NICKEL is indicating sideways to upside move as making higher highs and higher low formation followed by the moving average which indicates buy signal 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
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