Oil prices rise on OPEC+ discipline, strong demand outlook - Swastika Investmart Ltd
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News in headline
* Oil prices rise on OPEC+ discipline, strong demand outlook
* Crude ETFs Continue to Climb on Increased Output
* Gold futures settle with a modest loss, holding above the $1,900 mark
Chart of the day:
The day trend in CRUDEOIL is indicating sideways to upside move as breaking the resistance with good buying volume and able to sustain its upside level so one can go long in it.
Technical View:
* Bullion: Day trend is indicating sideways move as facing resistance 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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