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06-03-2021 10:54 AM | Source: Swastika Investmart Ltd
Oil rises for a third day on expectations for fuel demand pickup - Swastika Investmart Ltd
News By Tags | #473 #2911

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News in headline

* Oil rises for a third day on expectations for fuel demand pickup

* Gold Holds Near Five-Month High as Investors Weigh Fed Speak

* Oil Steadies After Rallying to Highest Level Since October 2018

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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