NATURAL GAS has given positive close above 560 on yesterday’s trading session - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
Oil edges lower as mass COVID testing begins in China
Ukraine war, inflation drives Q1 jump in gold demand, WGC says
Oil Slips as Investors Weigh China’s Lockdowns, Russian War
Chart of the day:
NATURAL GAS: NATURAL GAS has given positive close above 560 on yesterday’s trading session. Where 550 will be the first support area while 544 are the next critical support level. On the upside 575 is first hurdle above this we can expect 580-585 levels.
Technical View:
Bullion: Day trend is indicating downtrend in Gold & Silver.
Energy: Day trend is indicating sideways in Crude oil & uptrend in Natural gas.
Base metals: Day trend in base metal is indicating sideways.
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