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Oil climbs on tight supply, renewed risk appetite - Swastika Investmart Ltd
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News in headlines:
Oil climbs on tight supply, renewed risk appetite
Exxon, Chevron conceal payments to some governments -watchdog
U.S. EPA weighs regulation of chemical recycling
Chart of the day:
COPPER: COPPER given reversal from 200 SMA and close with bullish note around 714, where 720-727 is an immediate resistance levels. On the downside 704-705 is an important intraday support levels, while below 7704 below lead further weakness toward again 700-695 levels.
Technical View:
Bullion: Day trend is indicating sideways move in Gold and Silver.
Energy: Day trend is indicating sideways in Crude oil. And sideways in Natural gas.
Base metals: Day trend in base metal is indicating mix-move.
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