Crude Oil is negative and sell on rise is recommended near 5700 for tgt of 5600 - Tradebulls Securities
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Gold
Gold is trading negative and now prices are facing pressure at higher levels. The prices are below 20 and 50 DMA and trend is neutral to negative. Today sell on rise near 58500 for tgt of 58100 and stoploss of 58750
GOLD CHART (Hourly)
Crude Oil
Crude Oil is negative and sell on rise is recommended near 5700 for tgt of 5600 and stoploss of 5760.
CRUDE CHART (Hourly)
Base Metal Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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