Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices ease as aid convoys arrive in embattled Gaza Strip
*Graphite buyers to boost imports ahead of China's curbs - analysts
* Oil drops after Hamas releases US hostages
CHART OF THE DAY
SILVER
SILVER is continuing its bullish momentum, and there are no signals of weakness due to Middle East crises where 73700 is an immediate target level. On the downside, 71700 intraday and immediate support levels While above 73700 leads to further strength towards the 74200-74500 zone.
OUTLOOK:
* Bullion: Day trend is indicating uptrend in Gold &Silver.
* Energy: Day trend is indicating sideways to upside side in Crude oil & sideways to downtrend in Natural gas
* Base metals: Day trend is indicating sideways in all base metals.
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