Gold is trading at all time high and has corrected but now we might see some lower level buying - Tradebulls Securities Pvt Ltd
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Gold
Gold is trading at all time high and has corrected but now we might see some lower level buying. Buy on dips near 84900 for tgt of 85800 and stoploss of 84300.
Crude Oil
Crude Oil is looking sideways with support coming round 6100. Only below 6100 can see major correction. Buy on dips near 6120 for tgt of 6220 and stoploss of 6085
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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