Crude Oil is positive and buy on dips near 5780 for tgt of 5920- Tradebulls Securities
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Gold
Gold is trading sideways. The prices are near 20 and 50 DMA and trend is neutral. Buy on dips near 58200 for tgt of 58650 and stoploss of 58000.
Crude Oil
Crude Oil is positive and buy on dips near 5780 for tgt of 5920 and stoploss of 5680. Crude has made bottom around 5550
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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