Gold is consolidating in the range of 50450-51320 - Swastika Investmart
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Daily Commodity Market Updates
News in headline:
* Oil prices edge higher on relaxed China COVID curbs, tight supplies
* Americans split on nuclear energy as safety worries linger - Reuters/Ipsos poll
* Initiative launched to rank corporate climate claims using carbon offsets
Chart of the day:
GOLD: GOLD is consolidating in the range of 50450-51320 where move above 51320 can lead some upside towards 51550-51750 while if it slips below 50450 it may head towards 50200-50000 zone.
Technical View:
* Bullion: Day trend is indicating uptrend in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas.
* Base metals: Day trend in base metal is indicating sideways to upside.
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