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 60500 for tgt of 61100 and stoploss of 60200
Crude Oil
Crude Oil is looking at some profit booking after US lifted sanctions on Venezuela for 6 months. However prices failed to sustain at lower levels due to ongong conflict so buy on dips near 6920 for tgt of 7050 and stoploss of 6855.
BASE METAL REPORT
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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