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COMMODITY TECHNICAL OUTLOOK

Oil prices climb as Russia-Ukraine ceasefire talks stoke volatile trading

Oil Sheds Most of Russian War Gains With China Demand in Focus

Oil price benchmarks fall below $100, first time in weeks

Chart of the day:

SILVER: SILVER after witnessing the sharp selling pressure now consolidating the range of 67500- 69500 where move above 69500 further upside move toward 69900-70300 levels, on the downside 67500 is an immediate support level below this 67000-66800 will be the next support levels.

Technical View:

Bullion: Day trend is indicating sideways to downtrend in Gold & 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 downtrend.

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