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BULLION

GOLD

If prices remained above the 46080 could expect a reversal towards higher levels. Although a corrective move which settled below the same may squeeze down prices lower.

SILVER

A vertical fall below 66200 would be a sign of intraday weakness. Inability to challenge below the same could invite fresh buying in the coming session.

ENERGY

CRUDEOIL

Prices still trapped inside a wide consolidation range, however if prices break and sustained above 4540, more upsides may be seen. Else, expect a sideways movement.

NATURAL GAS

Pries expected to gain momentum in the coming session. In this positive note, slip below 184 would be an sign of intraday weakness.

BASE METALS

Copper

Next stage of buying may be seen only above 697 region. Else hold the same for a downside corrective move in the session to come.

NICKEL

Intraday move largely to be southbound if prices stay below the Bollinger upper band level of 1275 region. But claim above the same could push prices higher.

BASE METALS

Zinc

A major long liquidation move may witness only below 226.30 region. Which if remain touched could boost pries further highe

Lead

As long as prices hold the downside obstacle of 162.80 could expect prices to gain further higher. However, a decisive move below the above mentioned region could grab prices lower

BASE METALS

Aluminium

Broad buying still intact and possibly continue in the coming session. But a direct fall below 183.40 would be a sign of intraday weakness.v

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