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BULLION

GOLD

Witnessing buying sentiments likely to prolong in the coming session. But in this buying sentiments, slippage below 47830 may be sign of intraday weakness.

SILVER

Prices still trading in the congestion region. However, if prices stay above the Bollinger middle band level of 68700 could boost prices higher. But fall past below 68700 may push prices lower.

ENERGY

CRUDEOIL

Present weakness likely to find support around 5510 region for a price rebound to higher levels. But a direct fall through the same may eventually squeeze down prices lower.

NATURAL GAS

Prices possibly to float within the trading range of 273-281 region. A firm move which breaks either side of the mentioned range could set off fresh directional move.

BASE METALS

COPPER

Intraday weakness possibly to extend lower in the later session as long as prices stay below 728 region. But retreating trades above the same may induce fresh buying.

NICKEL

A major bullish move may further see only above 1415 region. Which if remain undisturbed could expect prices to trade lower in the later session.

ZINC

Prices possibly to continue its consolidation with positive bias, But a surprise fall below 237.70 may be a sign of weakness.

LEAD

Witnessing selling sentiments possibly to persist if prices remain below 179.40 region. On the other hand, a direct rise above the mentioned region could lift prices higher.

ALUMINIUM

Accelerated trades above 200.50 may boost prices further higher in the later session. But there is equal plausible chance of a downside corrective move if prices failed to close above 200.50.

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