Gold is trading sideways. The prices are near 20 and 50 DMA and trend is neutral -Tradebulls Securities
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Gold
Gold is trading sideways. The prices are near 20 and 50 DMA and trend is neutral. Sell on rise near 58220 for tgt of 58000 and stoploss of 58350
Crude Oil
Crude Oil is negative and sell on rise is recommended near 5660 for tgt of 5500 and stoploss of 5740.
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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