Gold Is below 50 And 20 Day Moving Average - Tradebulls Securities
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Gold
Gold is below 50 and 20 day moving average. Sell on rise is recommened near 51600 for tgt of 51000 and stoploss of 51900.
GOLD CHART (Hourly)
Crude Oil
Crude Oil has seen strong bounce back and buy on dips near 7450 for tgt of 7700 and stoploss of 7300.
CRUDE CHART (Hourly)
BASE METALS
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel and Aluminum continues to outperform.
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