Gold is witnessing profit booking - Tradebulls Securities Pvt Ltd
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Gold
Gold is witnessing profit booking. Buy on dips near 71900 for tgt of 72200 and stoploss of 71700.
Crude Oil
Crude Oil has seen correction after cease fire talks between Hamas and Israel and weak economic data. Any recovery is very weak so sell on rise near 5720 for tgt of 5600 and stoploss of 5780.
BASE MRTALS 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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