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 68200 for tgt of 68800 and stoploss of 68000.
Crude Oil
Crude Oil is correcting after strong up rally. Buy on dips near 6880 for tgt of 6950 and stoploss of 6830.
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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