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BULLION

Gold

Diverging MACD lines after bearish crossover suggest persistence of weakness. Revisiting above the trend line resistance of 59000 may strengthen the prices.

Silver

Steady gains above 71400 may strengthen the prices. Else, mild corrective dips may be seen for the day.

ENERGY

Crude Oil

Extended dip below 5620 may induce weakness. Whereas, steady gains above 5780 may strengthen the prices for the day.

Natural Gas

MACD Bullish divergence suggest possibility of further gains. However, dip below 230 region may induce weakness.

Base Metal

Copper

Sustained trades below 725 may induce further weakness. Rebounds expected to sustain only above the same.

Nickel

Thin volume trades seen.

Zinc

Weakness may extend below 211.80 region. Rebound above 216.30 may strengthen the prices for the day.

BASE METALS

Lead

Range bound trades may be seen. Rebound above 183.30 may strengthen the prices.

Aluminium

Weakness may continue if trades below 199.80 region. A rebound above the same may strengthen the prices

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