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BULLION

GOLD

Intraday move likely to persist towards the north. But trades below 48800 would be an early sign of intraday weakness and such move may grab price lower.

SILVER

Ensuing buying sentiments may largely to continue in the coming session. But a vertical fall below 68800 may grab price lower.

ENERGY

CRUDEOIL

Prices still trapped in the previous day’s consolidation range. Although, dip below 3770 may squeeze down prices lower. Inability to challenge below 3770 may push prices higher.

NATURAL GAS

As long as prices remained above 193.50 could expect prices to turn higher. But slippage below the same may squeeze down prices lower.

BASE METALS

Copper

Prices clearly held the Bollinger lower band level of 593.50 region. If this region remained undisturbed could expect price to trade higher

NICKEL

Prices likely to trade downside trajectory towards 1269 or even lower. However, a decisive trades above 1295 could boost prices higher.

BASE METALS

Zinc

Slippage below 202.70 may bid further selling in the coming session. Else hold the same for prices to boost higher.

Lead

Major buying may withstand only above 162.20 region. Inability to mark trades above the same may squeeze down prices lower.

BASE METALS

Aluminium

Prices possibly to trade lower in the upcoming session towards lower. Nevertheless, convincing trades above 162.80 may push prices higher

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