Crude Oil has fallen after news of Israel and Hamas truce rumor -Tradebulls Securities
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Gold:
Gold is witnessing some profit booking after strong US jobs data. Buy on dips today with stoploss of 61900 and target of 62500.
Crude Oil:
Crude Oil has fallen after news of Israel and Hamas truce rumor. There is some buying emerging at lower levels due to Red Sea escalations. Buy on dips near 6290 for tgt of 6390 and stoploss of 6220.
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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