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Gold is above 50 and 20 day moving average - Tradebulls Securities
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Gold
Gold is above 50 and 20 day moving average. Buy on dips is recommended near 50300 for tgt of 50800 and stoploss of 50000
GOLD CHART (Hourly)
Crude Oil
Crude Oil is looking negative after sharp sell off. Sell on rise near 6750 for tgt of 6500 and stoploss of 6880.
CRUDE CHART (Hourly)
Basemetal Update
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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