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 near 60200 for tgt of 59800 and stoploss of 60450.
Crude Oil
Crude Oil can be shorted around 6655 for tgt of 6500 and stoploss of 6650. It is trading below 20 and 50 day moving average and rounding top is being made on hourly chart.
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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