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Gold is trading sideways to bullish. The prices are above 20 and 50 DMA and trend is positive -Tradebulls Securities
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Gold
Gold is trading sideways to bullish. The prices are above 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 6140 for tgt of 6280 and stoploss of 6085. 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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