On the downside 5780-5800 is an immediate support level while below these levels - Swastika Investmart
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News in headlines:
Gold Up, But Remains below $1,800 Mark as Fed Signals Quicker Asset Tapering
Oil slips awaiting OPEC+ response to U.S.-led crude release
Canada 'extremely disappointed' with U.S. decision to raise softwood lumber duty rate
Chart of the day:
CRUDEOIL: CRUDEOIL mange to close above key hurdle of 5850 where 5950is an important resistance zone. On the downside 5780-5800 is an immediate support level while below these levels 5750-5700 is important support zone.
Technical View:
Bullion: Day trend is indicating downtrend in Gold and Silver.
Energy: Day trend is indicating downtrend in Crude oil & sideways in Natural gas.
Base metals: Day trend in base metal is indicating sideways to upside.
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