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BULLION

GOLD

Major weakness may establish only by sustainable trades below 47600 region. Which if remain untouched could expect prices to find momentum towards the recent highs.

SILVER

Intraday move is expected to be northbound. In this positive outlook, an unexpected fall through the downside hindrance of 67300 may be sign of downside corrective move.

ENERGY

CRUDEOIL

Present recovery move less likely to persist if prices stay below 5404 region. But voluminous trades above the same would boost prices further higher in the later session.

NATURAL GAS

Prices expect to turn lower if prices failed to flourish above 300 region. In this weak bias, reclaiming trades above the same could lift prices higher.

BASE METALS

COPPER

Prices expect to slip further in the coming session if prices stay above 742 region. Even in this bearish expectation retreating trades above the same could lift prices higher for intraday.

NICKEL

Present technical structure suggest prices have some more room for corrective downside move if prices stay below 1480 region. In this bearish expectation, solid recovery above the same could boost prices higher.

ZINC

Present long liquidation move largely to uphold. However, recuperating trades which sustain above the 247.40 would be a sign of fresh buying in the session to come.

LEAD

If prices remain below the upside hurdle of 179 could expect further weakness in the upcoming session . But a sudden rise above the same could boost prices further higher.

ALUMINIUM

A long liquidation move is likely to progress in the coming session if prices stay below 208.20 region. On the flipside, rebounding trades above the same may lift prices further higher.

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