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BULLION

GOLD

Intraday weakness may be seen only by promising trades below 47840 region. Failed to move past below the same may be a sign of price recovery to 48300 region.

SILVER

Consecutive days of selling pressure possibly to prolong in the session to come. Even in this bleak sentiments, a surprise move which sustain above 68700 would be a sign of fresh recovery move.

ENERGY

CRUDEOIL

Present bearish sentiments may persist unless prices reclaim above 5305 region. However, solid recovery above the same may help price to find buying momentum in the later session.

NATURAL GAS

Ensuing buying sentiments likely to uphold if prices stay above the 274 region. But an unexpected fall through the same may gradually squeeze down prices lower.

BASE METALS

Copper

Prices have been nearing towards the downside hurdle of 721 region. Which if breaks could extend intraday weakness in the coming session. Botched attempt to challenge below the same could push prices higher.

NICKEL

Broad buying still intact and possibly to gain pace in further in the upcoming session. However, a direct fall below the downside hurdle of 1424 may bid fresh selling on the coming session.

Zinc

Intraday weakness may be seen only below 241.60 region. Which if remain undisturbed could expect prices to turn higher in the coming session.

Lead

Present technical structure point to further weakness in the coming session. In this bearish expectation, retreating trades above 178.30 could boost prices higher.

Aluminium

Witnessing buying sentiments likely to stretch lower if prices stay below 198 region. But retreating trades above the same may bid recovery trades in the coming session.

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