Silver shows upwards momentum and heading towards 70000 levels - Swastika Investmart
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NEWS IN HEADLINE
* Oil rises on Keystone uncertainty, but Fed jitters limit gains
* Gold creeps lower as U.S. Fed, CPI week kicks off
* Oil prices climb on uncertainty over Keystone pipeline restart, Russian supplies
CHART OF THE DAY
SILVER:
SILVER shows upwards momentum and heading towards 70000 levels , however 67500 is an immediate support level and 68500 is immediate resistance level . While above 68800 lead further strength towards 69000- 69400 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Uptrend in Gold &Silver.
* Energy: Day trend is indicating Downtrend in Crude oil & Natural gas
* Base metals: Day trend is indicating Uptrend in all base metals.
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