Crude Oil is positive and buy on dips near 6550 for tgt of 6700 and stoploss of 6440 - Tradebulls Securities
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Gold
Gold is trading neutral. The prices are below 20 and 50 DMA and trend is now neutral with hint of bullish trend. Buy on dips near 59200 for tgt of 59800 and stoplosso f59000..
Crude Oil
Crude Oil is positive and buy on dips near 6550 for tgt of 6700 and stoploss of 6440. Crude has made bottom around 5550. It is now looking overbought so trade with strict sl.
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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