Crude Oil has bounced and breached its hurdle of 6050 - Tradebulls Securities Pvt Ltd
Gold
Gold is sideways to positive with low volume. Buy on dips near 76900 for tgt of 77500 and stoploss of 76800.
Crude Oil
Crude Oil has bounced and breached its hurdle of 6050. So now it looks positive and buy on dips near 6220 for tgt of 6325 and stoploss of 6180.
Base Metals
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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Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financi...