Bullions: Precious metal remains sideways but trade near
three week high. Spot gold XAU= was down 0.2 percent at $1,266.40 an ounce.
Gold on Thursday touched it’s highest since May 18 at $1,271.31. Yesterday the
number of Americans filing for unemployment benefits unexpectedly fell last
week, pointing to sustained strength in the labour market despite a sharp
slowdown in hiring last month.
OUTLOOK: BUY SILVER JULY B/W 40400-40500 TGT
41000-41400 SL 40150
|
COMMODITY
|
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
|
Gold
|
29650
|
29800
|
30100
|
30250
|
UP
|
29500-30000
|
|
Silver
|
40200
|
40500
|
41300
|
41800
|
UP
|
40100-41200
|
Energy: Crude oil prices in Asia on Friday mildly
continued an overnight fall as conflict in Nigeria's oil production region
offers some support. WTI crude for July delivery eased 0.16% to $50.48 a
barrel.
|
COMMODITY
|
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
|
Crude oil
|
3270
|
3330
|
3430
|
3490
|
SIDEWAYS
|
3350-3440
|
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