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BULLION

GOLD

Prices expect to float lower as long as prices remained below 47430 region. On the other hand a decisive move which is sustained above the same could boost prices higher.

SILVER

Major weakness may trigger only by tangible trades below 67850 region. Else hold the same for a price recovery in the upcoming session

ENERGY

CRUDEOIL

Next stage of buying may establish only above 4275 region. If the above mentioned region remained uninterrupted, may see further corrective selling for todays session.

NATURAL GAS

By breaking the immediate downside obstacle of 204 could extend weakness in the session to come. But there is equal chance of a price recovery if prices failed to sustain below 204.

BASE METALS

Copper

Present long liquidation move may extend only below 630 region. Which if remained unbroken could anticipate an intraday prices recovery in the coming session.

NICKEL

As long as prices hold the support of 1328 region could expect prices to trade higher. But a direct fall below the same may grab prices lower.

BASE METALS

Zinc

As long as prices remained below 223.40 region could expect a long liquidation move in the coming session. But rise above the same could boost prices further higher.

Lead

Broad buying still intact and possibly to extend higher. But trades past below 169 may squeeze down prices lower.

BASE METALS

Aluminium

Prices yet to make solid trades above the upside obstacle of 168.60 region to persist broad buying to continue. Inability to crack above the same may bid a long liquidation move for today’s session.

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