Oil Prices Mixed as Markets Weigh China Risks, Supply Disruptions - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Oil edges higher as market weighs weak demand, potential supply disruption
* Oil Prices Mixed as Markets Weigh China Risks, Supply Disruptions
* Gold Slips Below $1,700, Copper Subdued as Fed Jitters Persis
Chart of the day:
NATURAL GAS:
NATURAL GAS is continuing its bullish momentum and there are no signal of weakness where 740 is an immediate target levels. On the downside 685 intraday and immediate support level. Below 685 lead further weakness toward 650-645 levels.
Technical View:
* Bullion: Day trend is indicating sideways to downside in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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