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GOLD

As long as prices stay above the downside hindrance of 49200 region could expect prices to gain higher. However, slippage below the same may induce further weakness.

SILVER

Challenging trades which sustained above 56900 could invite fresh buying in the session ahead. Failed to achieve such trades may eventually push prices lower in the session ahead.

CRUDEOIL

Witnessing recovery move may not strengthen unless prices sustained above 6540 region. Else hold the same for prices to turn lower in the session ahead.

NATURAL GAS

Long liquidation pressure may extend towards the downside objective of 548 or even lower to 530. But a direct rise which claim above 574 may induce fresh recovery move.

COPPER

Present selling pressure likely to continue towards the downside objective of 625 or even more. But rebounding trades which sustain above 642 could lift prices higher.

NICKEL

Consolidation likely to continue with moderate trades

ZINC

Weakness may continue towards the downside objective of 266.20 or even lower to 264. But a direct rise above 274 would be a sign of price recovery.

LEAD

A corrective dip below 173.50 may bid further weakness in the session ahead. Else hold the same for prices to turn higher in the later session.

ALUMINIUM

Broad weakness still intact and possibly to scale lower towards the downside objective of 190 or even lower. However, recovery trades above 194.80 region could boost prices higher.

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