Natural Gas has immediate support level and 508 is immediate resistance level - Swastika Investmart
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Gold steadies ahead of U.S. inflation data, copper eyes weekly gains
* Oil down 5th day after swinging on Keystone, Russia price cap imbroglio
* WTO Rules Against US Tariffs on Steel, Aluminum Imposed by Trump
CHART OF THE DAY
NATURAL GAS: Natural Gas shows recovering from lower levels , however 500 is an immediate support level and 508 is immediate resistance level . While above 508 lead further strength towards 512-515 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Downtrend in Crude oil & Natural gas
* Base metals: Day trend is indicating Uptrend in all base metals.
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