Gold is trading neutral. The prices are below 20 and 50 DMA and trend is now neutral -Tradebulls Securities
GOLD CHART (Hourly)
Gold is trading neutral. The prices are below 20 and 50 DMA and trend is now neutral. Sell on rise near 59600 for tgt of 59300 and stoploss of 59750.
CRUDE CHART (Hourly)
Crude Oil might see some profit booking but on chart, so sell on rise is recommended near 6750 for tgt of 6600 and stoploss of 6850
Base metals
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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