Natural Gas is consolidating in the range of 562-605 - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Small plane crash causes mass power outages near Washington
* Oil slumps to 11-month low as China COVID unrest rattles markets
* Oil drops more than $1 as China's COVID protests fuel demand worries
CHART OF THE DAY
NATURAL GAS: NATURAL GAS is consolidating in the range of 562-605 where move above 605 can lead some upside towards 620-640 while if it slips below 585 it may head towards 560-540 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 Sideways in all base metals.
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