ZINC is consolidating in the range of 287-292 where move above 292.5 can lead upside towards 295-297 - Swastika Investmart
Daily Commodity Market Updates
News in headlines:
* Oil rises to 7-year high as Turkey outage adds to tight supply outlook
* U.S., UK to announce plans for formal talks on metals tariffs on Wednesday -sources
* Oil Soars to 2014 High With Market Bolstered by Resilient Demand
Chart of the day:
ZINC: ZINC is consolidating in the range of 287-292 where move above 292.5 can lead upside towards 295-297 while if it slips below 287 it may head towards 285-284 levels.
Technical View:
* Bullion: Day trend is indicating sideways in Gold & uptrend in Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas.
* Base metals: Day trend in base metal is indicating to uptrend.
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