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BULLION

GOLD

Prices still trapped in wide congestive with lack of directive trades. In this perplexing situation, a firm move which breaks either side of the trading range of 44900-44400 could set the direction.

SILVER

Progressing weakness likely to stretch lower if prices remained below 65800 region. Although a firm move which challenge above the same may lift prices higher.

ENERGY

CRUDEOIL

Direct rise through the hindrance of 4510 could cajole fresh buying. Else hold the same for a prices to tick lower in the later session.

NATURAL GAS

If prices advanced above the immediate obstacle of 189 region may boost prices further higher. Failed to challenge above the same may eventually push prices lower.

BASE METALS

Copper

Prices possibly turn higher in the session to come. Even in this positive picture, dip below the downside hindrance of 670 may grab prices lower .

NICKEL

Solid trades above the 1205 may boost intraday prices to higher. Inability to challenge above the same may be a sign of corrective downside move.

BASE METALS

Zinc

As long as prices hold the Bollinger middle band level of 218.80 could expect prices to turn higher. On the flipside a corrective move which claim below the same may grab prices lower.

Lead

Price yet to take off 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

As long as prices remained below the Bollinger upper band level of 180 region could expect a corrective downside move. But a decisive move which sustained above the same could boost prices higher.

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