Oil prices rebound, but fuel demand concerns cap gains - Swastika Investmart
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News in headlines:
* Oil prices rebound, but fuel demand concerns cap gains
* Oil slumps over Covid, gold steady
* Gold ends higher as dollar retreats, benchmark Treasury yields deepen slump to February nadir
Chart of the day:
The day trend in ALUMINIUM is indicating upside trend making higher highs and higher formation from the bottom and expected to continue this trend so buying can be done.
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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