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Gold has corrected from its all time high and this week is important for gold as we have many US datas this week - Tradebulls Securities
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Gold
Gold has corrected from its all time high and this week is important for gold as we have many US datas this week. Sell on rise is recommended near 71500 for tgt of 71000 and stoplos of 71800.
Crude Oil
Crude Oil is correcting after strong up rally and peace talk in Middle East. Sell on rise near 6987 for tgt of 6850 and stoploss of 7030.
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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