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21/04/2021 6:05:59 PM | Source: Geojit Financial Services Ltd
Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium Commodity Report of 21 April 2021 By Geojit Financial
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Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium Commodity Report of 21 April 2021 By Geojit Financial

BULLION

GOLD

Ensuing buying sentiments possibly to withstand in todays trading session. In this positive sentiments, fall below the 47260 may be sign of intraday weakness.

 

SILVER

Determined trades above the upside hindrance of 69500 could cajole fresh buying. Nevertheless, failed to mark such move may grab prices lower.

 

ENERGY

CRUDEOIL

Previous session selling momentum may extend in the upcoming session. But a reversal move which challenge above 4740 would be a sign of intraday buying to previous session levels.

 

NATURAL GAS

Consecutive days of buying momentum possibly to uphold, although a corrective downside fall through 201 may bid fresh selling in the evening session.

 

BASE METALS

Copper

Inability to surpass above the upside obstacle of 727 could expect further weakness in the session to come. But crack above the same may be a sign of an intraday buying.

 

NICKEL

Intraday move largely to be southbound as long as prices stay below the upside hurdle 1221 region. But a decisive move which breaks above the same could push prices higher.

 

BASE METALS

Zinc

Previous session selling momentum may persist in the coming session if prices remained below 229.80 region. However, a firm move which breaks above the same could push prices higher.

 

Lead

By breaking the upside obstacle of 171 could boost prices higher. Else hold the same for a downside corrective move towards lower levels.

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BASE METALS

Aluminium

A price correction could initiate only below 186 region. Else hold the same or a price rebound in the coming session.

 

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