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BULLION

GOLD

Previous session’s weakness may extend only by promising trades below the downside hindrance of 46800 region. If the above-mentioned region remain untouched could lift prices higher

SILVER

Major weakness may generate only below the downside hurdle of 64200 region. Else could witness prices to take off further higher in the upcoming session.

ENERGY

CRUDEOIL

By breaking off the upside hurdle of 5120 would be a sign of fresh buying in the upcoming session. Inability to challenge above the same may eventually push down prices lower.

NATURAL GAS

Intraday move is expected to be southbound if prices stay below 346 region. But determined trades above the same may induce fresh buying in the upcoming session.

BASE METALS

COPPER

If prices remain below the upside hurdle of 714 region could expect prices to slip further. But retreating trades above the same may push prices to higher level

NICKEL

As long as prices stay below the upside hindrance of 1492 could expect a downside corrective dip in the upcoming session. But determined trades above the same could boost prices further higher.

ZINC

Prices have been approaching towards the upside hindrance of 251 region. Which if remain untouched could expect prices to turn lower during the evening session.

LEAD

Ensuing buying sentiments likely to persist. Even in this positive outlook, fall past below 183.30 may be a sign of long liquidation move.

ALUMINIUM

Dominant buying sentiments is expected to continue in the upcoming session. However, as prices look exhausted after recent runs, there is equal plausible chance of a corrective downside fall if prices close below 218.

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