Gold is near to 50 and 20 day moving average. Buy on dips near 60600 for tgt of 60900 and stoploss of 60500. - Tradebulls Securities Pvt Ltd
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Gold
Gold is near to 50 and 20 day moving average. Buy on dips near 60600 for tgt of 60900 and stoploss of 60500.
Crude Oil
Crude Oil can be shorted around 5850 for tgt of 5700 and stoploss of 5950. 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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