Silver is continuing its bullish momentum and there are no signal of weakness where 55500- 55800 - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Oil prices slide as China COVID curbs, possible rate hikes weigh on demand outlook
* Oil Edges Lower as Demand Concerns, Russia Price Caps Take Focus
* Ukraine and Russia: What you need to know right now
Chart of the day:
SILVER: SILVER is continuing its bullish momentum and there are no signal of weakness where 55500- 55800 is an immediate target levels. On the downside 54400 intraday and immediate support level. While below 54400 lead further weakness toward 54000-53800 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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