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BULLION

GOLD

Prices have been nearing towards the downside hurdle of 47880 region. If prices challenge below the same may grab prices lower.

SILVER

Major corrective move may establish only below the 71100 region. Inability to cross below the same would be a sign price recoup to higher levels.

ENERGY

CRUDEOIL

Intraday move is expected to southbound as long as prices stay below 4790. In this bearish anticipation, retreating trades above the aforementioned region could boost prices higher.

NATURAL GAS

A long liquidation move is likely to progress if prices stay below 222 region. But tangible trades above the same could lift prices higher.

BASE METALS

Copper

Current feebleness of prices may extend as long as prices remain below the upside hurdle of 775 region. Although a direct rise above the same could push price higher.

NICKEL

Slip past below 1295 may be a sign of further weakness. Else hold the same for a price rebound to previous session levels.

Zinc

By breaking the upside hindrance of 236.40 could lift prices higher. Inability to mark such trades may leave prices to move further lower.

Lead

Weakness may persist if prices remain below the Bollinger middle band level of 175.20 region. But rise above the same may push prices higher.

Aluminium

Decisive trades which reclaim below 192 may induce fresh selling in the upcoming session. Failed to mark such trades may help prices to rebound higher.

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