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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 62990 for tgt of 63650 and stoploss of 62700.
Crude Oil
Crude Oil is witnessing profit booking and sell on rise near 6150 for tgt of 6000 and stoploss of 6185.
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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