09-06-2021 09:26 AM | Source: Swastika Investmart Ltd
Silver (XAGUSD) Price May Penetrate $24 price Level and Increase Further - Swastika Investmart Ltd
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News in headlines:

Oil extends losses after deep Saudi price cuts signal demand concerns

Silver (XAGUSD) Price May Penetrate $24 price Level and Increase Further

U.S. oil and gas rig count falls for first week in five -Baker Hughes

 

Chart of the day:

NICKEL: NICKEL took support at trendline and witnessed a closing on positive note around 1477, it has good support around 1450, more upside move is expected towards 1490-1495 while a move below 1450 can lead to further weakness.

 

Technical View:

Bullion: Day trend is indicating sideways to sideways in Gold and Silver.

Energy: Day trend is indicating sideways in Crude oil. And uptrend in Natural gas.

Base metals: Day trend in base metal is indicating mixed move

 

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