Oil prices rebound on fears Suez Canal blockage may last weeks - Swastika Investmart
News in headlines:
* Oil prices rebound on fears Suez Canal blockage may last weeks
* Muted natural gas demand, strong production allows for US inventory rebounds
* The Latest Driver of Silver Prices, ‘SIL’? Millennial Jewelry Buyers
Chart of the day:
The day trend in COPPER is indicating sideways move so if hold the yesterdays support as shown some bounce back from that level than buying can be done so one can go with buy on dips strategy keeping SL as yesterdays low.
Technical View:
* Bullion: Day trend is indicating mixed 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 to upside.
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