Gold is correcting after strong rally last week - Tradebulls Securities Pvt Ltd
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Gold
Gold is correcting after strong rally last week. Today we might see some sideways movement so sell on rise near 71800 for tgt of 71400 and stoploss of 71980.
Crude Oil
Crude Oil is making base after downside rally Sell on rise is recommended near 6500 for tgt of 6410 and stoploss of 6560
Base metals 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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