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Gold is witnessing strong upmove and is looking overstretched - Tradebulls Securities Pvt Ltd
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Gold
Gold is witnessing strong upmove and is looking overstretched. Sell on rise near 75400 for tgt of 75000 and stoploss of 75700
Crude Oil
Crude Oil is trying to recover after sharp sell off. Recovery is because of geopolitical concerns and buy on dips near 6200 for tgt of 6275 and stoploss of 6170
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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