Palm oil rise on lower stockpile hopes, but set for weekly fall - Swastika Investmart Ltd
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Key headlines:
* Palm oil rise on lower stockpile hopes, but set for weekly fall
* Oil prices rise to highest in a year on U.S. growth optimism, crude supply restraint
* Gold inches up, but set for worst week in ten
Chart of the day:
The daily chart is indicating bullish trend as giving range breakout with good buying volume so one can long in it.
Technical View:
* Bullion: Day trend is indicating downside move in the Gold and silver.
* Energy: Day trend is indicating upside move in Crude oil and Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move to upside
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