Crude Oil can now be shorted around 6015 for tgt of 5950 and stoploss of 6100 - Tradebulls Securities
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Gold
Gold is below above 50 and 20 day moving average. Sell on rise near 59780 for tgt 59300 and stoploss of 60000
Crude Oil
Crude Oil can now be shorted around 6015 for tgt of 5950 and stoploss of 6100. We might see some pullback before OPEC+ meeting on 4th June.
Base Metals Update
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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