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BULLION

GOLD

Intraday weakness may be seen only by determined trades below 50380 region. Which if remain untouched could expect prices to turn higher to 50800 region.

SILVER

Ensuing recovery move largely to persist towards the upside objective of 58700 or even more. Although an unexpected fall below 57200 may be sign of intraday weakness.

CRUDEOIL

Prices still have room for recovery towards the Bollinger middle band level of 7150 or even more to 7240 region. A direct fall below 6950 may squeeze down prices lower.

NATURAL GAS

Prices yet to sustain above the upside hindrance of 673 to initiate further buying in the session ahead. Failed to move past above the same may bid a long liquidation move .

COPPER

Present buying sentiments largely to uphold towards 671 or even higher. But slippage below 661 may push prices lower in the later session.

NICKEL

Present lifeless trades likely to continue in the session ahead.

ZINC

As long as prices hold the downside support of 286 region could expect prices to turn higher in the session ahead. But there is equal plausible chance of a corrective fall once prices settled below aforesaid region.

LEAD

Witnessing recovery move likely to uphold towards the upside objective of 182 or even higher in the session ahead. However, a corrective dip below 179.20 may grab prices lower.

 ALUMINIUM

If prices remain above the downside hindrance of 199 region could expect prices to turn higher. But a corrective fall below the same may push prices lower.

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