05-09-2024 08:59 AM | Source: Tradebulls Securities Pvt Ltd
Gold is witnessing profit booking - Tradebulls Securities Pvt Ltd

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Gold

Gold is witnessing profit booking. Sell on rise near 71540 for tgt of 70800 and stoploss of 71850.

 

Crude Oil

Crude Oil has seen correction after cease fire talks between Hamas and Israel and weak economic data. Sell on rise near 6050 for tgt of 5850 and stoploss of 6130.

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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