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Gold is witnessing some profit booking at the start of the new year -Tradebulls Securities
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Gold:
Gold is witnessing some profit booking at the start of the new year. We have seen selling pressure so sell on rise near 62100 for tgt of 61800 and stoploss of 62350
Crude Oil:
Crude Oil has recovered from the lows due to escalation in Red Sea however due to strong USD, once again selling pressure has come. Sell on rise near 6020 for tg tof 5900 and stoploss of 6060
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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