Gold has been trading in red after US Fed gave hint of rate hike in Sept
GOLD CHART (Hourly)

Gold has been trading in red after US Fed gave hint of rate hike in Sept. It is near its support of $4000. Any breach below that could see gld trading around $3800 and around 142000 in MCX.
CRUDE CHART (Hourly)

Crude Oil now has next support at 6550-6500. Crude oil is looking to create support base around $72 in Brent.Any upside is only expected above 6800.
BASE METAL UPDATE
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper and aluminum looks strong among all base metals.
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