The day trend in Silver is indicating a pullback from its strong demand zone where a pullback - Swastika Investmart
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News in headlines:
* Oil prices open lower as EU struggles to seal Russia import ban
* Gold Down, but Pulls Up from Three-Month Low, as U.S. Yields Fall
* U.S. Strategic Petroleum Reserve drops to lowest level since 1987
Chart of the day:
The day trend in SILVER is indicating a pullback from its strong demand zone where a pullback has been seen, so indicating buy on dips signal as trading in its crucial support zone.
Technical View:
* Bullion: Day trend is holding its support level in Gold and Silver.
* Energy: Day trend is facing resistance at higher levels in Crude oil and sideways in Natural gas.
* Base metals: Day trend in base metal is indicating mixed to upside move
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