Gold is trading bullish. The prices are above 20 and 50 DMA -Tradebulls Securities
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Gold
Gold is trading bullish. The prices are above 20 and 50 DMA and trend is positive. Buy on dips near 58900 for tgt of 59350 and stoploss of 58500.
Crude Oil
Crude Oil is positive and buy on dips near 6020 for tgt of 6200 and stoploss of 5985. Crude has made bottom around 5550.
Base Metal Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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