Gold is consolidating in the range of 51350-50800 - Swastika Investmart
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News in headline:
* Gold Down over Rising in Bond Yields
* Exclusive-Global investors write to U.N. to urge global plan on farming emissions
* Oil extends gains on robust U.S. demand, China optimism
Chart of the day:
GOLD: GOLD is consolidating in the range of 51350-50800 where move above 51350 can lead some upside towards 51500-51700 while if it slips below 50800 it may head towards 50500-50200 zone.
Technical View:
* Bullion: Day trend is indicating sideways in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
* Base metals: Day trend in base metal is indicating sideways to upside.
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