Gold has corrected post FOMC meet- Tradebulls Securities
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Gold
Gold has corrected post FOMC meet. Now some bounce back may come so buy on dips near 57800 for tgt of 58300 and stoploss of 57650.
Crude Oil
Crude Oil has seen strong upside momentum and is near to overbought zone. Aggressive traders can short around 7850 for tgt of 7750 and stoploss of 7920.
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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