09-05-2022 12:12 PM | Source: Swastika Investmart Ltd
Zinc is continuing its bearish momentum and there are no signal of recovery where 275 - Swastika Investmart Ltd
News By Tags | #473 #2911

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News in headlines:

* Gold Inches Lower as Dollar Strength, Fed Jitters Weigh

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* Oil prices climb more than $1/bbl ahead of OPEC+ meeting

Chart of the day:

ZINC

ZINC is continuing its bearish momentum and there are no signal of recovery where 275 is an immediate target level. On the upside 288 intraday and immediate resistance level. While above 288 lead further upside toward 291-295 levels.

Technical View:

* Bullion: Day trend is indicating downtrend 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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