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BULLION

GOLD

Prices likely to extend the present gains in the upcoming session. However, a corrective move below 47600 may be sign of intraday weakness and such developing trades may push price lowe

SILVER

Intraday move possibly to be northbound if prices remained above 69700 region. But fall past below the aforementioned region may push prices lower.

ENERGY

CRUDEOIL

Prices still have room further buying sentiment and possibly to stretch higher. But there is equal plausible chance of a corrective move once prices settled below 4180 region.

NATURAL GAS

Slippage below 201 region may call further selling pressure. Else hold the same for prices to gain support and eventually turn higher in the later session.

BASE METALS

Copper

Ensuing buying momentum largely to persist towards the 631 or even higher. But an unexpected fall through 619 may grab down prices lower.

NICKEL

Prices have been nearing to immediate hindrance of 1344 region. Which if broke could anticipate extension of present buying move. Else hold the same of corrective selling

BASE METALS

Zinc

Decisive trades above 213.70 could bid next stage of buying in the later session. Inability to challenge above the same may push prices lower.

Lead

Ensuing buying sentiments likely to uphold in the upcoming session. Although an unexpected fall below 165 would be an early sign of long liquidation move towards lower.

BASE METALS

Aluminium

Consecutive days of buying sentiments likely to persist in the coming session towards higher. But dip below 164.50 may dent our buying expectation

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