Gold Up, but Stronger Dollar, Rising U.S. Yields Keep Gains Small - Swastika Investmart Ltd
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News in headlines:
Gold Up, but Stronger Dollar, Rising U.S. Yields Keep Gains Small
Oil extends rally into 6th day on tight supply, Brent hitting 3-yr high
Oil Up, but Eases from Five-Day Rally Over Profit Taking
Chart of the day:
GOLD: GOLD given close at 45995 near to important support level of 45600, where 46300-46400 is an immediate resistance levels, on the downside 45550-45600 is an immediate intraday support levels, while below 45550 below lead further weakness toward 45000-44800 levels.
Technical View:
Bullion: Day trend is indicating sideways move in Gold and Silver.
Energy: Day trend is indicating sideways in Crude oil. And sideways in Natural gas.
Base metals: Day trend in base metal is indicating mix-move.
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