Oil Extends Gain as Slump in Stockpiles Shows Robust U.S. Demand - Swastika Investmart
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News in headlines:
* Oil Extends Gain as Slump in Stockpiles Shows Robust U.S. Demand
* Gold ETFs Maintain Momentum after Fed’s Latest Minutes
* Will $70 Oil Tempt U.S. Producers To Open The Taps?
Chart of the day:
The day trend in CRUDEOIL is holding its support on daily chart and a good pullback has been seen from that level so if hold this level then fresh buying can be done.
Technical View:
* Bullion: Day trend is indicating sideways move in Gold and Silver.
* Energy: Day trend is indicating upside move in Crude oil and Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move.
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