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 59900 for tgt of 60400 and stoploss of 59700.
Crude Oil
Crude Oil can be shorted around 6250 for tgt of 6100 and stoploss of 6350. Trend is negative as prices are under 20 and 50 day moving average.
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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