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06-01-2023 08:47 AM | Source: Tradebulls Securities Pvt Ltd
Gold is below above 50 and 20 day moving average. Buy on dips near 59600 for tgt of 60100 and stoploss of 59400 - Tradebulls Securities
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Gold

Gold is below above 50 and 20 day moving average. Buy on dips near 59600 for tgt of 60100 and stoploss of 59400

 

Crude Oil

Crude Oil can now be shorted around 5800 for tgt of 5650 and stoploss of 5900. We might see some pullback before OPEC+ meeting on 4th June.

Base Metal 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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