The day trend in GOLD is indicating sideways to upside move showing reversal from its support level making higher highs - Swastika Investmart
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COMMODITY TECHNICAL OUTLOOK
Oil prices rise on tight supply outlook as Russia spurns peace talks
Gold gains over 1% as US yields ease post inflation data
U.S. power use to rise in 2022 as economy continues to grow -EIA
Chart of the day:
The day trend in GOLD is indicating sideways to upside move showing reversal from its support level making higher highs and higher low which indicates buy signal and may test the levels of 53000-53200.
Technical View:
Bullion: Day trend is indicating upside move in Gold and Silver.
Energy: Day trend is indicating upside move in Crude oil and Natural gas.
Base metals: Day trend in base metal is indicating mixed move.
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