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 near 60150 for tgt of 60500 and stoploss of 60000.
Crude Oil
Crude Oil can now be bought around 5780 for tgt of 5950 and stoploss of 5650. We might see some pullback before OPEC+ meeting on 4th June.
Base Metals 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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