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BULLION

GOLD

Prices have been approaching towards the downside hindrance of 50030 region which if breaks could extend weakness. Else, hold the same for prices to turn higher to 50580 region.

SILVER

Prices to need to challenge below the downside obstacle of 56500 region. Failed to mark such trades may entice fresh recovery move towards 58000 or even to 58800.

CRUDEOIL

Intraday buying may sustain only by decisive trades above 7400 region. Inability to activate such trades may lure further weakness on counter.

NATURAL GAS

Intraday move is expected to be northbound if prices float above 535 region. A direct fall below the same may take prices lower to 520/508.

Copper

Prices slipped back to previous days consolidation range after morning session gains. Although, if prices stay above the downside support of 648 region could anticipate prices to rebound to 670. But close below 648 may push prices further lower.

NICKEL

Present lifeless trades likely to continue in the upcoming session.

ZINC

Regaining trades above the upside hurdle of 275 may lift prices higher in the upcoming session. Else, hold the same for prices to extend present long liquidation move.

LEAD

As long as prices remain below the upside hindrance of 184.30 region could expect further corrective move in the session ahead. A vertical rise above 184.30 may induce fresh buying in the session ahead.

ALUMINIUM

Major buying may trigger off only on tangible trades above 212 region. If it remain undisturbed could expect price to extend present weakness to 202 region.

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