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01-04-2022 10:43 AM | Source: Swastika Investmart Ltd
MCX SILVER is consolidating in the range of 61200-62700 where move above 62700 - Swastika Investmart Ltd
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News in headlines:

* Oil Rallies Ahead of OPEC+ Meeting to Discuss Output Policy

* Oil Steadies Near $76 Ahead of OPEC+ Meeting on Supply Policy

* Citi Global Head of Commodities Strategy sees oil prices falling in 2022 - forecasts

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.

* 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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