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BULLION

GOLD

Weakness may persist towards the downside objective of 50200 or even lower to 50020. On the other hand, a direct rise above 50600 may dent our bearish expectation.

SILVER

Current feebleness of prices extend only by determined trade below 56300 region. If the above-mentioned region remain untouched could lift prices higher in the session ahead.

ENERGY

CRUDEOIL

Current feebleness of prices largely to persist towards the downside objective of 7420 or even lower to 7350. Even in this bearish sentiments, rebounding trades which sustain above 7610 may lift prices higher.

NATURAL GAS

Prices need to challenge above the upside obstacle of 542 region to persist present recovery move . Else, hold the same for prices to turn lower

BASE METALS

COPPER

Broad weakness likely to intact towards the downside objective of 615 or even more. However, recovery move which sustain above 629 may bid fresh recovery move in the later session.

NICKEL

Present consolidation likely to uphold within the trading range of 1980- 2070.

ZINC

Current feebleness of prices likely to continue towards the downside objective of 265 or even lower to 263.30 region. On the flipside, recovery trades above 271 would be sign of fresh recovery in the session ahead.

LEAD

Prices have been approaching towards the downside obstacle of 173 region, which if breaks could extend weakness in the session ahead. Failed to mark trades below the same may lift prices higher.

ALUMINIUM

Major weakness may trigger only by tangible trades below 204 region. Inability to crack below the same may induce fresh recovery move in the session ahead.

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