Crude Oil is negative and sell on rise is recommended near 5760 for tgt of 5600 and stoploss of 5840 - Tradebulls Securities
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Gold
Gold is trading sideways. The prices are near 20 and 50 DMA and trend is neutral. Today Buy on dips near 58400 for tgt of 58800 and stoploss 58200.
Crude Oil
Crude Oil is negative and sell on rise is recommended near 5760 for tgt of 5600 and stoploss of 5840.
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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Crude Oil has seen strong upside momentum and is near to overbought zone but as long as it i...
