Oil Down as Global Energy Crunch Begins to Bite - Swastika Investmart
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News in headlines:
Oil Down as Global Energy Crunch Begins to Bite
Oil falls after blistering run amid global energy crisis
Crude Oil Ends Off New 7-Year High but Global Energy Squeeze Continues
Chart of the day:
NATURAL GAS: NATURAL GAS is traded within range of 405-445 where upside it has an immediate hurdle around 435-440, on the downside if it slips below 405 levels then lead further weakness toward 395-390 levels while above 440 it will be test 450-455 levels again.
Technical View:
Bullion: Day trend is indicating sideways move in Gold and Silver.
Energy: Day trend is indicating uptrend in Crude oil. And uptrend in Natural gas.
Base metals: Day trend in base metal is indicating uptrend.
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