Gold is near to 50 and 20 day moving average - Tradebulls Securities
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Gold
Gold is near to 50 and 20 day moving average. Buy on dips near 59700 for tgt of 60200 and stoploss of 59500.
Crude Oil
Crude Oil can be bought around 6330 for tgt of 6450 and stoploss of 6250. Price have corrected sharply and some short covering can come
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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