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Oil Extends Gain After Eighth Weekly Advance on Energy Crisis - Swastika Investmart
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News in headlines:
Oil Up, Climb to Highest Level in Years Over Continuing Global Energy Crunch
Oil Extends Gain After Eighth Weekly Advance on Energy Crisis
U.S. Coast Guard boards ship in connection with California oil spill
Chart of the day
COPPER: COPPER is given close around 795 with big bullish note, it continues follow the uptrend, where upside it has an important hurdle at 812, on the downside it has an intraday support 785-788. While below 785 lead further weakness toward 775-770 levels.
Technical View:
Bullion: Day trend is indicating sideways to upside 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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