Gold has corrected post FOMC meet - Tradebulls Securities
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Gold
Gold has corrected post FOMC meet. Now some profit booking may come so sell on rise near 59120 for tgt of 58900 and stoploss of 59250.
Crude Oil
Crude Oil has seen strong upside momentum and is near to overbought zone. For2 trading session, profit booking is evident so sell on rise near 7420 for tgt of 7300 and stoploss of 7480.
Base Matel Upadate
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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