Oil falls again amid concerns over demand rebound - Swastika Investmart Ltd
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News in headlines:
* Oil falls again amid concerns over demand rebound
* Gold Back Above $1,900 as Dollar, Yields Soften After Lackluster U.S. Jobs
* The World’s Liquefied Natural Gas Market Is Roaring Back
Chart of the day:
The day trend in GOLD is indicating sideways to upside move as making higher highs and higher low formation followed by the moving average which indicates buy signal so buying can be done.
Technical View:
* Bullion: Day trend is indicating sideways upside 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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