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Oil Up, but Set for Weekly Decline as COVID-19 Continues to Restrict Fuel Demand - Swastika Investmart
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News in headlines:
* Oil Up, but Set for Weekly Decline as COVID-19 Continues to Restrict Fuel Demand
* Gold Bullish Sentiment Plunges
* Global oil and gas contracts activity in Q2 2021 declined by 7%, says GlobalData
Chart of the day:
The day trend in LEAD is indicating mixed to upside move as showing strength on the daily chart with good volume showing pullback from its support level so buying can be initiated.
Technical View:
* Bullion: Day trend is indicating sideways to downside 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
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