Bullions: Gold trade lower on Friday
morning in international after strong equities and firm dollar. The Bank of England kept
interest rates on hold on Thursday, but held out the prospect of a
stimulus package soon to help the economy cope with Britain's decision to leave
the European Union.
|
|
S2
|
S1
|
R1
|
|
R2
|
TREND
|
|
|
GOLD
|
30700
|
30800
|
31050
|
|
31200
|
SIDEWAYS
|
|
|
SILVER
|
46700
|
47500
|
47900
|
|
48200
|
SIDEWAYS
|
|
Energy: - Crude
prices held weaker in Asia, but retraced earlier losses as China GDP came in
better-than-expected, aiding sentiment on demand as retail sales also showed
strength. On the New York Mercantile Exchange, WTI crude for August trades at
$45.27 a barrel.
|
|
S2
|
S1
|
R1
|
|
R2
|
TREND
|
|
CRUDEOIL
|
2960
|
3000
|
3090
|
|
3130
|
SIDEWAYS
|
OUTLOOK: SELL
CRUDEOIL BELOW 3010 TGT 2970 2940 SL 3050
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