Gold has traded all time high and is looking positive so buy on dips near 62200 for tgt of 62650 and stoploss of 62000 - Tradebulls Securities Pvt Ltd
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Gold
Gold has traded all time high and is looking positive so buy on dips near 62200 for tgt of 62650 and stoploss of 62000. Keep position light and with strict stoploss as it is near to its resistance and at all time high.
Crude Oil
Crude Oil is looking at some profit booking. We have seen strong recovery from the lows and buy on dips near 6350 for tgt of 6550 and stoploss of 6290
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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