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BULLION

Gold

Diverging MACD lines after bearish crossover suggest the possibility of weakness. However, a rebound above 60200 may strengthen prices for the day.

Silver

Range bound trades expected in the intraday. Whereas a voluminous rebound above 71800 may strengthen the prices.

ENERGY

Crude Oil

Prices would appear firmer if rebounds sustain above 6040 region. Weakness expected if prices dip below 5910.

Natural Gas

Rebound expected if prices rebound above 206 region. Else, mild corrective moves may be seen

BASE METALS

Copper

Prices may appear firmer above 719. Weakness expected below 710.

Nickel

Thin volume trades seen.

BASE METALS

Zinc

Extended gains above 212 could strengthen the prices for the day. Weakness may seen below 207.

Lead

Range bound trades expected. A voluminous rebound above 185.70 may strengthen the prices.

Aluminium

Gains above 210.50 region may strengthen the prices. Dip below 206.30 may weaken the prices.

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