Gold has seen strong buying and after correcting looks to create bottom - Tradebulls Securities Pvt Ltd

Gold
Gold has seen strong buying and after correcting looks to create bottom. Buy on dips near 87800 for tgt of 89500 and stoploss of 87550.
Crude Oil
Crude Oil has taken support around 5700 and is now near resistance zone of 6000. Buy on dips near 5900 for tgt of 6000 and stoplos of 5850.
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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