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Gold is consolidating now and is looking positive so buy on dips near 61000 for tgt of 61250 and stoploss of 60950 - Tradebulls Securities Pvt Ltd
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Gold
Gold is consolidating now and is looking positive so buy on dips near 61000 for tgt of 61250 and stoploss of 60950. Keep position light and with strict stoploss as it is near to its resistance
GOLD CHART (Hourly)
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 6450 and stoploss of 6300
CRUDE CHART (Hourly)
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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