Crude Oil is looking positive after 3 consecutive bullish day - Tradebulls Securities
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Gold
Gold is below 50 and 20 day moving average. Sell on rise near 50700 for tgt of 50400 and stoploss of 50850
GOLD CHART (Hourly)
Crude Oil
Crude Oil is looking positive after 3 consecutive bullish day. Buy on dips near 6950 for tgt of 7150 and stoploss of 6850.
CRUDE CHART (Hourly)
Basemetal 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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