MCX SILVER is consolidating in the range of 61200-62700 where move above - Swastika Investmart Ltd
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Daily Commodity Market Updates
News in headlines:
* Oil Advances as OPEC+ Sees Tighter Market in First Quarter
* Oil Holds Gain After OPEC+ Adds More Output as Market Tightens
* U.S. Crude Oil Stockpile Fell 6.4 Million Barrels: API
Chart of the day:
SILVER: MCX SILVER is consolidating in the range of 61200-62700 where move above 62700 can lead upside towards 63500-64000 while if it slips below 61200 it may head towards 60700-60400 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 sideways.
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