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 64000 for tgt of 64750 and stoploss of 63800.
Crude Oil
Crude Oil has risen after OPEC+ extension of production cut. Buy on dips near 6450 for tgt of 6600 and stoploss of 6400.
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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