Oil Holds Losses as Report Points to Expanding U.S. Stockpiles - Swastika Investmart
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Key headlines:
* Oil Holds Losses as Report Points to Expanding U.S. Stockpiles
* Gold Jumps Most in a Month, Back to $1,700 as U.S. Yields Fall
* Gold ETFs lost 2% of holdings in February as gold fell and rates rose
Chart of the day:
The day trend in CRUDEOIL is indicating weakness as making lower lows and lower high on daily chart facing the resistance so one can go short in it.
Technical View:
* Bullion: Day trend is indicating sideways move to upside 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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