Crude Oil is positive and buy on dips near 6160 for tgt of 6280 and stoploss of 6085. Crude has made bottom around 5550. - Tradebulls Securities
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Gold
Gold is trading bullish. The prices are above 20 and 50 DMA and trend is positive. Buy on dips near 58800 for tgt of 59350 and stoploss of 58500.
Crude Oil
Crude Oil is positive and buy on dips near 6160 for tgt of 6280 and stoploss of 6085. 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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