Gold is trading positive and now prices are consolidating in narrow range - Tradebulls Securities
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Gold
Gold is trading positive and now prices are consolidating in narrow range The prices are above 20 and 50 DMA and trend is neutral. Today buy on dips near 59050 TGT 59350 and stoploss of 58890
Crude Oil
Crude Oil is positive as every dip there is buy opportunity. It is trading above 20 and 50 DMA with RSI in overbought zone. Buy on dips is recommended near 5900 for tgt of 5975 and stoploss of 5850
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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