08-11-2021 09:45 AM | Source: Swastika Investmart Ltd
Gold ekes out modest gain in choppy Tuesday trade - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Oil Up Over Brighter Fuel Demand Outlook, but COVID-19 Challenges Remain

* Gold ekes out modest gain in choppy Tuesday trade

* Libya’s NOC says oil pipeline leak to lower Gallo oil field output by 70,000 b/d

 

Chart of the day:

The day trend in COPPER is indicating some pullback so buying can be done at such levels and it managed to give closing above its support level followed by the supertrend so buying can be initiated.

 

Technical View:

* Bullion: Day trend is indicating sideways to downside 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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