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08-04-2021 10:33 AM | Source: Swastika Investmart Ltd
Oil drops for third day on concerns COVID-19 variant spread to cut demand - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Oil drops for third day on concerns COVID-19 variant spread to cut demand

* Oil pares losses, gold seesaws

* Libya: Shell Considers Resuming Activities In Country

 

Chart of the day:

 

The day trend in NICKEL is indicating upside trend making higher highs and higher low and expected to test its support level so once it holds it than buying can be done at support levels.

 

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.

 

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