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09-05-2022 10:43 AM | Source: Tradebulls Securities Pvt Ltd
Gold is below 50 and 20 day moving average - Tradebulls Securities Pvt Ltd
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GOLD

Gold is below 50 and 20 day moving average. Sell on rise is recommended near 50400 for tgt of 50000 and stoploss of 50600

GOLD CHART

CRUDE OIL

Crude Oil is looking negative after sharp sell off. Sell on rise near 7200 for tgt of 7100 and stoploss of 7255.

CRUDE CHART

 

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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