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Crude Oil has recovered sharply and buy on dips is recommended near 6080 for tgt of 6160 and stoploss of 6020 - Tradebulls Securities
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Gold
Gold is witnessing some profit booking at the start of the new year. We might see some more downside so sell on rise near 62350 for tgt of 62000 and stoploss of 62550.
Crude Oil
Crude Oil has recovered sharply and buy on dips is recommended near 6080 for tgt of 6160 and stoploss of 6020.
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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