Gold is trading sideways to bullish - Tradebulls Securities
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Gold
Gold is trading sideways to bullish. The prices are near 20 and 50 DMA and trend is positive. Buy on dips near 58500 for tgt of 59150 and stoploss of 58300.
Crude Oil
Crude Oil is positive and buy on dips near 5980 for tgt of 6080 and stoploss of 5930. 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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