Base metals are trading mixed as yesterday`s weak European PMI was negative for base metals - Tradebulls Securities
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Gold
Gold is around 50 and 20 day moving average. Sell on rise near 54400 for tgt of 54000 and stoploss of 54600
Crude Oil
Crude Oil might is witnessing reversal and buy should be commenced near 6250 for tgt of 6400 and stoploss of 6150.
Base Metal
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel and Aluminum continues to outperform.
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