Oil steady as U.S. storm-hit supply returns slowly - Swastika Investmart Ltd
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News in headlines:
Oil Down but Moves Small as Gulf of Mexico Recovery from Ida Remains Slow
Oil steady as U.S. storm-hit supply returns slowly
Broken Hearts' Again in Gold as U.S. Retail Sales Trigger Metal’s New Crash
Chart of the day:
SILVER: SILVER given close with big bearish note below important support level of 62400 and close around 61077, it has immediate intraday resistance of 61600-62000 levels, on the downside below 61000 lead to further weakness toward 59500
Technical View:
Bullion: Day trend is indicating downside move in Gold and Silver.
Energy: Day trend is indicating uptrend in Crude oil. And uptrend in Natural gas.
Base metals: Day trend in base metal is indicating mix-move
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