Gold prices are facing resistance around the 50 DMA, which is placed around 59000 - Swastika Investmart Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil ticks higher after China moves to support flagging economy
* Oil prices edge higher after two weeks of losses, WTI tests $80
* Oil up but ends week down again as Powell signals more U.S. rate hikes
CHART OF THE DAY
GOLD: Gold prices are facing resistance around the 50 DMA, which is placed around 59000. When it successfully closes above the 50 DMA, it will test 59500–59800 levels. On the downside, 58000 is the first support zone, while below 58000 it may head towards the 57800–57500 zone
OUTLOOK:
* Bullion: Day trend is indicating sideways to upside in Gold &Silver.
* Energy: Day trend is indicating sideways to downside in Crude oil & Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
NATURALGAS, given yesterday`s close with a green note around 215, is continually consolidati...
More News
Buy Copper Mar 2021 @ 644.00 SL 640.00 TGT 650.00-654.00.MCX
