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BULLION

GOLD

Price consolidation persist with lack of directive moves. Even in this perplexing situation, solid trades above the upside hurdle of 47400 may lift prices higher. Else could expect prices to trade lower with consolidation.

SILVER

Witnessing buying sentiments likely to uphold in the session to come. Even in this positive sentiments, a surprise fall which close below 63600 may push prices lower.

ENERGY

CRUDEOIL

Prices have been approaching towards the upside hurdle of 5080 region. Which if break could bid fresh buying on coming session failed to charge above the same may grab prices lower.

NATURAL GAS

Dominant bullish sentiments still intact and possibly to extend further higher. But there is equal plausible chance of a long liquidation if prices settle below 333 region.

BASE METALS

COPPER

If prices remain below 714 could be a sign of further weakness. Although in this weak sentiments, solid trades above the same may induce fresh buying in the upcoming session

NICKEL

Like we said last day, weakness may further see only below 1423 region. Else hold the same for a price rebound towards the price objective of 1446 or even more.

ZINC

Intraday price recovery may establish only by tangible trades above 246.20 region. Which If remained untouched could anticipate a downside corrective move.

LEAD

Sustainable trades above the upside hindrance of 182 could lift prices higher. Else hold the same for a downside corrective fall in the upcoming session.

ALUMINIUM

Ensuing buying sentiments largely to persist if prices stay above the 212.20 region. Although an unexpected fall which slip below the same may induce fresh selling.

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