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Oil prices advance amid U.S. supply tightness signals - Swastika Investmart Ltd
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News in headlines:
Oil prices advance amid U.S. supply tightness signals
Biden administration seeks to protect Americans from extreme heat
Oil Down 2% as Wall Street Tumbles on China Contagion Worry
Chart of the day:
CRUDEOIL: CRUDEOIL given close with bearish note around 5200, where 5300 act as an immediate resistance level, on the downside 5150 is an intraday support level. While below 5150 lead further weakness towards 5000-4980 levels.
Technical View:
Bullion: Day trend is indicating downside move in Gold and Silver.
Energy: Day trend is indicating uptrend in Crude oil. And uptrend in Natural gas.
Base metals: Day trend in base metal is indicating mix-move
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