Gold is witnessing some profit booking after strong US jobs data - Tradebulls Securities
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Gold:
Gold is witnessing some profit booking after strong US jobs data. We have seen selling pressure increasing and so sell on rise near 62500 for tgt of 62000 and stoploss of 62850.
Crude Oil:
Crude Oil has fallen after news of Israel and Hamas truce rumor. Sell on rise is recommended near 6120 for tgt of 5980 and stoploss of 6180.
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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