Base metals are trading mixed as yesterday`s weak European PMI was negative for base metals - Tradebulls Securities Pvt Ltd
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GOLD
Gold is showing signs of profit booking. Any further selling pressure will come below $2400. Sell on rise near 69000 for tgt of 68200 and stoploss of 69150.
CRUDE
Crude Oil has started recovering again. After sharp correction some buying may emerge so buy on dips near 6420 for tgt of 6560 and stoploss of 6350
Base metals 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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