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BULLION

GOLD

Present recovery move largely to extend in the coming session if prices stay above 46100 region. Although, a sudden fall below the same would be a sign of intraday weakness.

SILVER

Prices likely to consolidate with in the trading range of 71000-67500. But, a determined move which breaks either side of the price range may set off fresh directional move.

ENERGY

CRUDEOIL

Intraday move largely to be southbound as long as prices stay below 4385 region. But, challenging trades above the same could push prices to higher levels.

NATURAL GAS

Witnessing weakness may stretch lower if prices remained below 222 region. Conversely, a decisive move which sustain above the same could boost prices higher.

BASE METALS

Copper

Dominant buying sentiments likely to be upheld in the upcoming session. But, a direct dip below 682 may call a corrective downside move.

NICKEL

While prices stay above 1395 region could retain broad buying sentiments. On the flipside, a corrective move which settled below the above recommended region may squeeze down prices lower.

BASE METALS

Zinc

Established bullish move may continue if prices stay above 229 region. But a direct fall below the aforementioned region may bid a downside corrective move.

Lead

Ensuing buying sentiment possibly to progress in the sessions to come. But, a direct fall below 170 would be an early sign of a long liquidation move.

BASE METALS

Aluminium

Present long liquidation move largely to stretch lower if prices remained below 173 region. Although, sturdy trades above the same could lift prices further higher.

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