01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium Commodity Report of 26 March 2021 By Geojit Financial
News By Tags | #473 #4943

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BULLION

GOLD

Prices likely to trade in consolidation region with mild negative bias. But recouping trades above 44840 may push prices higher.

 

SILVER

Present recovery move may stretch higher only by promising trades above the upside hindrance of 65900 region. Botched effort to achieve such move may be sign of a downside correction.

 

ENERGY

CRUDEOIL

Revisiting trades above the 4420 may be a sign intraday recovery. But there is equal plausible chance of long liquidation if prices failed to succeed above the mentioned region.

 

NATURAL GAS

A solid move which sustained above the upside obstacle of 195 could boost price higher. Failed to do so may be sign of intraday weakness.

 

BASE METALS

Copper

As long as prices stay above the downside hindrance of 665 could expect further buying in the coming session. But a vertical fall below the same may grab prices lower.

 

NICKEL

A major price recovery may establish only by tangible trades above 1202 region. Which if remain unbroken may grab prices lower.

 

BASE METALS

Zinc

Decisive trades above the upside hindrance of 220 could boost prices. Else hold the same for downside corrective move in the coming session.

 

Lead

Price need to mark trades above the upside obstacle of 162.20 for a major buying. Botched attempt to crack above the same may push prices lower.

 

BASE METALS

Aluminium

Solid trades above the upside hindrance of 179 could boost prices higher. Botched attempt to challenge above the same may bring down prices lower

 

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