Gold is looking strong after taking support at 95000 - Tradebulls Securities Pvt Ltd

Gold
Gold is looking strong after taking support at 95000. On the higher side, 98000-98500 is next resistance while support is at 95000. Increase in geopolitical tension and trade tariffs have increased its safe haven status.
Crude Oil
Crude Oil is looking positive after US court said that its illegal for US president to implement tariffs. Geopolitical tension has increased the prices with resistance coming around 5600 and support coming around 5450.
Base Metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper looks strong among all base metals.
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