Oil steady as supply cuts offset demand worries on stalled vaccine rollouts - Swastika Investmart Ltd
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Key headlines:
* Oil steady as supply cuts offset demand worries on stalled vaccine rollouts
* Gold set to post weekly, monthly decline on firmer dollar
* Oil eases as demand worries offset weaker dollar, big storage draw
Chart of the day:
The day trend in COPPER is showing sideways to upside move as bouncing back from the support with good buying volume so is sustains yesterdays high than one can go long in it.
Technical View:
* Bullion: Day trend is indicating sideways move in the 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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