Natural Gas consolidating in range of 530-550 fresh move will be seen after the range breakout - Swastika Investmart
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NEWS IN HEADLINE
* Oil rises on Chinese demand hopes, U.S. SPR replenishment
* Gold prices muted, copper rises on China reopening hopes
* Investors ramp up pressure on Big Oil firms to set 2030 climate targets
CHART OF THE DAY
NATURAL GAS :
NATURAL GAS consolidating in range of 530-550 fresh move will be seen after the range breakout , however 540 is an immediate support level and 550 is immediate resistance level . While above 550 lead further strength towards 560-570 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Sideways in Crude oil & Natural gas
* Base metals: Day trend is indicating Sideways in all base metals.
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