Gold is trading sideways to bullish. The prices are near 20 and 50 DMA - 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 58200 for tgt of 58750 and stoploss of 58000
GOLD CHART (Hourly)
Crude Oil
Crude Oil is positive and buy on dips near 5780 for tgt of 5920 and stoploss of 5680. Crude has made bottom around 5550.
CRUDE CHART (Hourly)
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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