Crude Oil is high on back of Israel strike on Iran - Tradebulls Securities Pvt Ltd

Gold
Gold is consolidating around 1,00,000 in MCX as Israel launched attack on Iran. With geopolitical stress, it is difficult to find resistance but gold has strong support around 95000.
Crude Oil
Crude Oil is high on back of Israel strike on Iran. We expect some pullback near 6250 before again strong upside. Resistance is around 6500 while support is around 6000
Base Metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper looks strong among all base metals.
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