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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 62200 for tgt of 62650 and stoploss of 61980.
Crude Oil
Crude Oil is looking strong after geopolitical concerns and trend is positive so buy on dips near 6150 for tgt of 6290 and stoploss of 6020.
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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