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 below 50 and 20 day moving average. Sell on rise near 57000 for tgt of 56500 and stoploss of 57150
Crude Oil
Crude Oil is witnessing some profit booking so sell on rise near 6450 for tgt of 6300 and stoploss of 6520.
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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