Gold is above 50 and 20 day moving average. Buy on dips near 60000 for tgt of 60500 and stoploss of 59700
Crude Oil has recovered sharply from 5500 and buy on dips is recommended near 6580 for tgt of 6700 and stoploss of 6490.
Base metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel and Aluminum continues to outperform.
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