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03-12-2021 11:36 AM | Source: Swastika Investmart Ltd
Oil Advances With Signs Emerging of Fuel Consumption Rebound - Swastika Investmart
News By Tags | #473 #2911

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Key headlines:

* Oil Advances With Signs Emerging of Fuel Consumption Rebound

* Gold Erases Gains On Rebounding Treasury Yield

* Crude ETFs Soar as OPEC Production Plummets

Chart of the day:

 

The day trend in CRUDEOIL is indicating sideways to upside move daily chart followed by the moving average so one can go long it by buying on dips.

 

Technical View:

* Bullion: Day trend is indicating sideways move in the Gold and Silver.

* Energy: Day trend is indicating mixed move in Crude oil and in Natural Gas.

* Base metals: Day trend in base metal is indicating mixed move.

 

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