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2025-06-19 12:08:52 pm | Source: Tradebulls Securities Pvt Ltd
Crude Oil is high on back of Israel strike on Iran - Tradebulls Securities Pvt Ltd
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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