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BULLION

GOLD

If prices remain below the upside hindrance of 50520 region could expect further weakness. But solid trades which reclaim above the same may call fresh recovery intraday recovery move.

SILVER

Present short covering move may strengthen only by determined trades above 57200 region. Else hold the same for prices to slip lower to 55500 or even more.

CRUDEOIL

Intraday price recovery move may take off only by sustainable trades above the upside hindrance of 7220 region. Which if remain undisturbed could expect further weakness.

NATURAL GAS

As long as prices stay below the upside hindrance of 529 region could expect further weakness. But solid trades above the same may induce fresh recovery move.

Copper

Consolidation likely to progress in the session ahead. Although reclaiming trades which sustain above the upside obstacle of 658 may eventually push prices higher. Else prices to consolidate with mild negative bias.

NICKEL

Present lifeless trades likely to continue in the upcoming session.

ZINC

Consecutive days of selling sentiments likely to persist towards the downside objective of 264 region or even lower. On the flipside, decisive trades which sustain above 270.50 may lift prices higher.

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

If prices remain below the upside hindrance of 204 region could expect prices to turn lower in the session ahead. However, recovery move which sustain above the same may induce fresh buying in the session ahead.

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