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 49700 for tgt of 50300 and stoploss of 49500.
GOLD CHART (Hourly)
Crude Oil
Crude Oil has seen strong bounce back and buy on dips near 6550 for tgt of 6700 and stoploss of 6450.
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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