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BULLION

GOLD

Prices have been consolidating since last few days. However, in this perplexing state, a firm move which breaks either side of the price range of 44500-45100 could set the trend.

SILVER

Current feebleness of prices may strengthen in the later session. Although rebounding trades above 67100 would be a sign of intraday price recovery.

ENERGY

CRUDEOIL

Reclaiming trades above the 4530 could push prices higher. Failed to mark such move may gradually push price lower.

NATURAL GAS

A short covering move is likely to progress in the coming session and such emerging buying move could push prices higher. But dip below 178 may grab prices lower

BASE METALS

Copper

Intraday move largely to be southbound if prices remained below 676 region. But steady trades above the same could boost prices back to previous levels.

NICKEL

By breaking the upside hindrance of 1184 may be a sign of intraday prices recovery. Else hold the same for a corrective downside move.

BASE METALS

Zinc

As long as prices 222 region could expect prices to trade lower. A decisive move which breaks above the same could boost prices higher.

Lead

Determined trades above 162.50 could lift prices in the coming session. Failed to claim such move may squeeze down prices lower.

BASE METALS

Aluminium

Prices yet to challenge above the Bollinger upper band level of 178.60 to initiate next phase of buying move. If the above mentioned region remained undisturbed may bid a long liquidation move.

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