Crude Oil is looking sideways with support coming round 6100 - Tradebulls Securities Pvt Ltd
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Gold
Gold is trading at all time high and has corrected but now we might see some lower level buying. Buy on dips near 85800 for tgt of 86300 and stoploss of 85500.
Crude Oil
Crude Oil is looking sideways with support coming round 6100. Only below 6100 can see major correction. Sell on rise near 6150 for tgt of 6000 and stoploss of 6200.
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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