Gold has strong opening seen after US Fed gave dovish statement - Tradebulls Securities
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Gold
Gold has strong opening seen after US Fed gave dovish statement. We expect the upside to continue so buy on dips near 62800 for tgt of 63650 and stoploss of 62500.
Crude Oil
Crude Oil is looking strong after geopolitical concerns and red sea attack, trend is positive so buy on dips near 6280 for tgt of 6390 and stoploss of 6220.
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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