Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand - Swastika Investmart Ltd
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News in headlines:
* Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand
* Back Below $1,900, Gold Drifts Awaiting Fed’s Inflation Reading
* Brent nudges towards $70 on rosy U.S. data, oil demand outlook
Chart of the day:
The day trend in ALUMINIUM is indicating sideways to upside move as bouncing back from the support with good buying volume and able to sustain its upside level so one can go long in it.
Technical View:
* Bullion: Day trend is indicating sideways move in Gold and Silver.
* Energy: Day trend is indicating mixed move in Crude oil and Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move to upside.
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