Gold has traded strong on the upside side due to escalation of Middle East - Tradebulls Securities Pvt Ltd
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GOLD
Gold has traded strong on the upside side due to escalation of Middle East. Buy on dips should be the strategy around 60900 for tgt of 61500 and stoploss of 60700.
CRUDE
Crude Oil is looking at some profit booking after US lifted sanctions on Venezuela for 6 months. Crude oil is below 200 DMA so sell on rise near 7000 for tgt of 6900 and stoploss of 7060.
BASE METAL UPDATES
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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