2025-06-16 08:52:16 am | Source: Tradebulls Securities Pvt Ltd
Gold has made fresh life time high on MCX as Israel launched attack on Iran - Tradebulls Securities Pvt Ltd
Gold
Gold has made fresh life time high on MCX as Israel launched attack on Iran. With geopolitical stress, it is difficult to find resistance but gold has support around 95000.
Crude Oil
Crude Oil has jumped nearly 7% on back of Israel strike on Iran. We expect some pullback before again strong upside. Resistance is around 6500 while support is around 5680.
Base Metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper looks strong among all base metals.
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