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BULLION

GOLD

Successive trades above the upside obstacle of 46750 would trigger major buying in the coming session. Botched attempt to challenge above the same may squeeze down prices lower

SILVER

Prices possibly to trade within the trading range of 68000-66200. A firm move which breaks either side of the above mentioned region could set off fresh buying.

ENERGY

CRUDEOIL

Decisive trades above the immediate obstacle of 4545 region could lift prices higher. Else hold the same for a downside corrective move.

NATURAL GAS

Prices yet to take off above the upside hindrance of 198 region for a major buying. Inability to challenge above the same may squeeze down prices lower.

BASE METALS

Copper

Present recovery move less likely to persist if prices remain below the upside obstacle of 692 region and such weakening trades may find previous support levels.

NICKEL

If prices stay below the EMA level of 1243 could expect weakness in the coming session. On the other hand, rise above the same may be sign of bullish move.

BASE METALS

Zinc

Intraday move is expected to be southbound if prices remained below 226 region. But a direct rise through above mentioned region could set off intraday buying.

Lead

As long as prices hold the Bollinger middle band level 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

Intraday buying may withstand only by promising trades above 183.40 region. Which if remain untouched could expect prices to turn lower.

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