Crude Oil is correcting after strong up rally Sell on rise near 6950 for tgt of 6880 and stoploss of 7030 - Tradebulls Securities Pvt Ltd
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Gold
Gold has corrected from its all time high and we might see some much needed correction. However any dips should be used to create short position near 71200 for tgt of 70000 and stoploss of 71500.
Crude Oil
Crude Oil is correcting after strong up rally Sell on rise near 6950 for tgt of 6880 and stoploss of 7030.
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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Index continues to hold its opening gains & continues to trend higher above its 5 DEMA suppo...
![Crude Oil has recovered sharply from 6100 to 6800 - Tradebulls Securities Pvt Ltd](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)
![Breakout from the upward channel pattern indicates a price target upto 24560 but a confirmatory close is still waited for its confirmation By Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
![Crude Oil has recovered sharply from 6100 to 6800 - Tradebulls Securities Pvt Ltd](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)