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Gold is above 50 and 200 moving average - Tradebull Securities
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Gold
Gold is above 50 and 200 moving average. Buy on dips is recommended near 51800 for tgt of 52300 and stoploss of 51550
Crude Oil
Crude Oil is looking bearish and sell on rise is recommened near 7200 for tgt of 7000 and stoploss of 7300 closing basis.
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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