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DAILY COMMODITY MARKET UPDATES 

NEWS IN HEADLINE 

* Oil rises on China optimism after steep drop, but Fed fears persist

* Gold slumps below $1,800 as Fed fears resurface

* Crude oil higher; OPEC+ stands pat as Russia crude ban starts 

CHART OF THE DAY 

NATURAL GAS

NATURAL GAS: Natural Gas  witnessed a  selling pressure in recent days due to uncertain global cues  however 460 is an immediate support level. On the upside 470 is immediate resistance level. While above 470 lead further strength towards 475-480 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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