The overall trend in Aluminium is sideways to downside where a bearish candle is formed in yesterday’s trading session - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Oil prices recover from early losses as global supply fears linger
* Seasonally normal weekly natural gas storage build seen, fueling supply woes: survey
* Gold finds a safe-haven bid
Chart of the day:
The overall trend in ALUMINIUM is sideways to downside where a bearish candle is formed in yesterday’s trading session where selling can be done below yesterday’s low.
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 downside move as facing resistance at higher levels.
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