Oil extends losses after gloomier outlooks from OPEC, IEA - Swastika Investmart
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Key headlines:
* Oil extends losses after gloomier outlooks from OPEC, IEA
* Platinum Hits 6-Year High; Gold Snaps 4-Day Rally
* IEA Expects an Increase of OPEC+ Production Moving Forward
Chart of the day:
The daily chart of zinc is indicating bullish trend as making higher highs and higher low with good buying volume breaking the consolidation so one can go long in it
Technical View:
* Bullion: Day trend is indicating sideways to downside move in the 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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