Crude Oil is correcting after strong up rally Sell on rise near 7050 for tgt of 6920 and stoploss of 7150 - Tradebulls Securities Pvt Ltd
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Gold
Gold traded fresh all time high as Fed is on course for three rate cut this year. Now some correction should be waited. It is overbought but still buy on dips is recommended near 72200 for tgt of 72800 and stoploss of 72000.
Crude Oil
Crude Oil is correcting after strong up rally Sell on rise near 7050 for tgt of 6920 and stoploss of 7150.
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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