Crude Oil has risen after OPEC+ extension of production cut - Tradebulls Securities Pvt Ltd
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Gold
Gold has risen sharply after lower PCE data and weak manufacturing data. Now some correction should be waited. Buy on dips is recommended near 65600 for tgt of 66100 and stoploss of 65400.
Crude Oil
Crude Oil has risen after OPEC+ extension of production cut. Buy on dips near 6400 for tgt of 6550 and stoploss of 6300.
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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