While above 682 lead further upside toward 690-700 levels - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Oil falls on renewed demand concerns, rate hike expectations
* Energy dispute not on agenda for U.S.-Mexico talks next week - minister
* Oil Extends Losses as Demand Fears Outweigh OPEC+ Cut
Chart of the day:
NATURAL GAS: NATURAL GAS is continuing its bearish momentum and there are no signal of recovery where 645 is an immediate target level. On the upside 682 intraday and immediate resistance level. While above 682 lead further upside toward 690-700 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold & Silver.
* Energy: Day trend is indicating downtrend in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to downside in all base metals
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