Oil gains for fifth day amid supply constraints - Swastika Investmart Ltd
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News in headlines:
German Social Democrats beat conservatives in vote to decide Merkel successor
Oil Up, Remains Above $75 Mark, as Market Continues to Tighten
Oil gains for fifth day amid supply constraints
Chart of the day:
GOLD: GOLD given close at 45995 near to important support level of 45600, where 46300-46400 is an immediate resistance levels, on the downside 45550-45600 is an immediate intraday support levels, while below 45550 below lead further weakness toward 45000-44800 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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