Oil slips again on surging U.S. dollar, but holds above $70 - Swastika Investmart Ltd
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News in headlines:
* Oil slips again on surging U.S. dollar, but holds above $70
* Temperatures soar again in U.S. Southwest heatwave, misery spreads east
* Gold Tumbles 5% as Dollar Surge Wrecks Commodities
Chart of the day:
The day trend in NATURAL GAS is indicating sideways to upside move as making higher highs and higher low formation from the support so buying can be done.
Technical View:
* Bullion: Day trend is indicating sideways move to downside 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 to downside.
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