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BULLION

GOLD

Prices need to claim below the EMA level of 46400 for the continuation of weakness to further lower. If not such trades activate, that may be sign of price rebound to higher levels.

SILVER

Sustainable trades above the upside hindrance of 69700 could trigger intraday buying in the coming session. Failed to achieve such trades may grab prices lower.

ENERGY

CRUDEOIL

As long as prices stay below the upside obstacle of 4760 region. Which If remain undisturbed could expect a downside corrective move in the upcoming session.

NATURAL GAS

Prices likely to gain momentum in the coming session. But a vertical fall through 215.50 could be a sign of intraday weakness.

BASE METALS

Copper

A downside corrective move may establish only by sturdy move below 751 region. Failed to mark such trades would retain broad buying sentiments.

NICKEL

Consecutive days of buying sentiments may enhance in the coming session. But there is equal plausible chance of downside corrective move once prices settled below 1308 region.

BASE METALS

Zinc

Present buying move may withstand only by solid trades above the upside hindrance of 236 region. If not, could anticipate a downside corrective move.

Lead

Restoring trades above the immediate hurdle of 175 to trigger next stage of buying move. Else hold the same for a downside corrective move in the upcoming session.

BASE METALS

Aluminium

Witnessing long liquidation move may extend further if price remained below 196 region. But a steady move which settled above the same could boost prices higher.

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