Oil steadies after hitting three-week low on pandemic restrictions - Swastika Investmart
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News in headlines:
* Oil steadies after hitting three-week low on pandemic restrictions
* Gold Rebounds from ‘Flash Crash’, But Still Finishes at March Low
* Cheap Natural Gas Is A Thing Of The Past
Chart of the day:
The day trend in CRUDEOIL is indicating some pullback so buying can be done at such levels and it managed to give closing above its support level so buying can be initiated.
Technical View:
* Bullion: Day trend is indicating sideways to downside 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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