Gold traded fresh all time high as Fed is on course for three rate cut this year - Tradebulls Securities Pvt Ltd
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Gold
Gold traded fresh all time high as Fed is on course for three rate cut this year. Now some correction should be waited. Buy on dips is recommended near 68500 for tgt of 69000 and stoploss of 68300.
Crude Oil
Crude Oil is correcting after strong up rally. Buy on dips near 7020 for tgt of 7150 and stoploss of 6950.
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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