Oil Poised for Monthly Loss on Eve of OPEC+ Production Meeting - Swastika Investmart
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News in headlines:
* Oil falls as U.S. refiners shut down by damage from Hurricane Ida
* Oil Poised for Monthly Loss on Eve of OPEC+ Production Meeting
* Nearly 30% of Brazil's gold exports are illegal, report says
Chart of the day:
Silver: Silver is trading in well defined trading range of 64300-63000 and any decisive move from this band will dictate further direction from here. 64200 is an immediate intraday hurdle while 63200 is an immediate intraday support level.
Technical View:
* Bullion: Day trend is indicating sideways to sideways in Gold and Silver.
* Energy: Day trend is indicating sideways in Crude oil. And uptrend in Natural gas.
* Base metals: Day trend in base metal is indicating mixed move.
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