Crude Oil is correcting after strong up rally Sell on rise near 7150 for tgt of 7020 and stoploss of 7220 - 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 71500 for tgt of 72000 and stoploss of 71200.
Crude Oil
Crude Oil is correcting after strong up rally Sell on rise near 7150 for tgt of 7020 and stoploss of 7220.
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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