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. Buy on dips near 75550 for tgt of 75800 and stoploss of 7530. Maintain strict stoploss.
Crude Oil
Crude Oil is trying to recover after sharp sell off. Recovery is because of geopolitical concerns and buy on dips near 6350 for tgt of 6575 and stoploss of 6220
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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