Crude Oil has started recovery after geopolitical tension increasing - Tradebulls Securities Pvt Ltd
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GOLD
Gold is showing signs of profit booking after strong up rally. Sell on rise near 70200 for tgt of 69300 and stoploss of 70700.
Crude Oil
Crude Oil has started recovery after geopolitical tension increasing but the yen carry trade unwinding have been negative.Sell on rise near 6160 for tgt of 6000and stoploss of 6200.
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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