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BULLION

GOLD 

Intraday weakness may be seen only by solid trades below 50430 region. Else there are chances for prices to regain momentum towards 50900 or even higher.

SILVER 

Consecutive days of weakness may stretch lower towards the downside objective of 57900 or even more. But decisive trades above 59200 may lift prices higher.

CRUDEOIL 

If upside hurdle of 7430 region remain undisturbed could extend present long liquidation move towards the downside objective of 7210 firstly followed by 7140. A direct rise above 7430 may negate our weak bias.

NATURAL GAS 

Prices still have room for weakness and such downside trajectory move may find support around 520 or even lower. Although a vertical rise above 547 may bid fresh recovery move in the session ahead.

COPPER 

If prices remain above the downside hindrance of 646 region could expect prices to turn higher. But there is equal plausible chance of a corrective fall if prices claimed below 646.

NICKEL 

Price consolidation largely to persist in the session ahead.

ZINC 

Price sentiments remain subdued, which likely to point towards the downside objective of 268. However, retreating trades which sustain above 273.80 could lift prices higher.

LEAD

Present weakness may largely to extend towards the price objective of 178 initially or even lower. Even in this bearish sentiments, determined trades above 181 may dent our bearish expectation.

ALUMINIUM 

Weakness may extend lower towards the downside objective of 195.50 or even more. But rebounding trades which sustain above 199.40 could lift prices higher.

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