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BULLION

GOLD

Prices expect to trade lower if prices stay below the 46840. On the flipside, tangible trades above the same may bid fresh buying in the session to come

SILVER

Ongoing consolidation likely to persist within the trading range of 69700- 68400. In this perplexing situation a decisive move which breaks either side of the trading range would set the directional move.

ENERGY

CRUDEOIL

Prices still have room for further rallies . In this bullish sentiments, dip below 5345 may be a sign of long liquidation move in the later session.

NATURAL GAS

Ensuing buying sentiments largely to stretch higher in the coming session. But a corrective move which settle below 263 may dent our buying sentiments.

BASE METALS

COPPER

Present technical structure and indicators suggest for further weakness in the coming session. However, in this bleak expectation a surprise move which sustain above 716 may induce fresh buying for today s session.

NICKEL

Prices need to challenge below the downside hurdle of 1342 for intraday weakness. Inability to mark such trades may invite fresh buying towards higher.

ZINC

Intraday buying may sustain only above 236.30 region. Else hold the same for a downside corrective move in the later session.

LEAD

Intraday move largely to be northbound if prices hold the downside support of 170.80. Break below the same may squeeze down prices lower.

ALUMINIUM

If prices remain steady above 192.40 could expect price recovery in the coming session. However, a surprise fall below the same may push prices lower.

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