01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
MCX GOLD is consolidating in the range of 47800-48200 where move above 48200 - Swastika Investmart Ltd
News By Tags | #473 #2911

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Daily Commodity Market Updates

News in headlines:

* Gold Holds Drop on Signs Omicron Less Severe Than Previous Waves

* Oil settles higher despite Omicron concerns

* Oil Inventories Fall by 3.1M Barrels Last Week: API

Chart of the day:

GOLD: MCX GOLD is consolidating in the range of 47800-48200 where move above 48200 can lead upside towards 48350-48500 while if it slips below 47800 it may head towards 47600-47500 levels

Technical View:

* Bullion: Day trend is indicating sideways to upside in Gold and Silver.

* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.

* Base metals: Day trend in base metal is indicating to upside.

 

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