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BULLION

GOLD

Established weakness may strengthen in the coming session. However decisive trades above 47670 would be a sign of intraday price recovery in the coming session.

SILVER

Prices likely to remain under pressure in coming session if prices remain below 70600 region . However, tangible trades which sustain above 70600 could invite fresh buying in the coming session.

ENERGY

CRUDEOIL

Ensuing buying sentiments likely to uphold if prices stay above 5285 region. However, a sudden fall below the same may be a sign of corrective fall in the upcoming session

NATURAL GAS

Intraday move is expected to upward if prices stay above the downside obstacle of 235 region. Although a direct fall through the same may dent our buying expectation.

BASE METALS

COPPER

Present technical formation and indicators point to further weakness in the comings session. in this bearish note, reclaiming trades above 720 could lift prices higher.

NICKEL

Like we said last if prices remain below 1306 region could expect long liquidation to continue. But there is equal plausible chance of price recovery if prices settle above 1306 region.

ZINC

As long as prices remain below the 242 region could expect further weakness in the coming session. Even in this bleak sentiments, retreating trades above the same may entice fresh buying in the session to come.

LEAD

By breaking the downside hurdle of 171 region could squeeze down prices lower. Botched attempt to mark such trades would be a sign of intraday buying.

ALUMINIUM

Sturdy trades below the 191.80 could trigger a major selling in the coming session. Failed to challenge below the same could boost prices back to 195 region.

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