Silver witnessed a selling pressure after a rally from lower levels - Swastika Investmart
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NEWS IN HEADLINE
* Oil treads water after central bank shock, weekly gains on tap
* Gold fails to catch a bid above $1,800 as recession fears grow
* Chinese Oil Demand Faces Bumpy Road to Recovery as Covid Curbs Ease
CHART OF THE DAY
SILVER :
SILVER witnessed a selling pressure after a rally from lower levels , however 67500 is an immediate support level and 68000 is immediate resistance level . While above 68000 lead further strength towards 68200- 68400 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Uptrend in Gold &Silver.
* Energy: Day trend is indicating Sideways in Crude oil & Natural gas
* Base metals: Day trend is indicating Sideways in all base metals.
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