Natural Gas is underperforming and has slipped its below 510 - Swastika Investmart
COMMODITY TECHNICAL OUTLOOK
Oil prices extend losses as Shanghai lockdowns hit demand outlook
Large fire at oil depot in Russia’s Bryansk, near Ukraine – agencies
Libya oil complex damaged after armed clashes
Chart of the day:
NATURAL GAS is underperforming and has slipped its below 510 that may lead to further weakness where 495 will act as an immediate support level, below this 485-475 will be the next support area on the upside 442 is an immediate hurdle.
Technical View:
Bullion: Day trend is indicating sideways in Gold & Silver.
Energy: Day trend is indicating sideways in Crude oil & Downtrend in Natural gas.
Base metals: Day trend in base metal is indicating sideways to downside.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer