Base metals are trading mixed as yesterday`s weak European PMI was negative for base metals

31/01/2023 10:37:02 AM | Source: Tradebulls Securities Pvt Ltd

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 above 50 and 20 day moving average. Buy on dips near 56800 for tgt of 57400 and stoploss of 56400

Crude Oil

Crude Oil is witnessing some profit booking so sell on rise near 6550 for tgt of 6400 and stoploss of 6620

Base metals

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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Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

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Base metals are trading mixed as yesterday`s weak European PMI was negative for base metals - Tradebulls Securities

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