SILVER after witnessing the sharp selling pressure now consolidating the range of 69200- 70700 - Swastika Investmart
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COMMODITY TECHNICAL OUTLOOK
Oil prices slide, extending last week's decline
Oil prices fall, continuing downward trend from last week
Oil Resumes Decline as Iran, Russia and Fed Jostle for Limelight
Chart of the day:
SILVER: SILVER after witnessing the sharp selling pressure now consolidating the range of 69200- 70700 where move above 70700 further upside move toward 71400-71700 levels, on the downside 69400 is an immediate support level below this 69000-68500 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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