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Gold is near above 50 and 20 day moving average. Buy on dips near 61000 for tgt of 61400 and stoploss of 60800 - Tradebulls Securities Pvt Ltd
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Gold
Gold is near above 50 and 20 day moving average. Buy on dips near 61000 for tgt of 61400 and stoploss of 60800.
Crude Oil
Crude Oil can now be bought around current levels with target of 5900 and stoploss of 5600. Risk/reward ratio shows fresh short should be avoided.
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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