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BULLION

GOLD

Present corrective moves in prices may find support near the Bollinger support of 47310. A voluminous dip below the same region may add selling pressure. Strong rebound above 47830 may strengthen the prices.

SILVER

Present corrective move may find support at trendline support of 66700 region, below which the prices may appear weaker. Whereas a rebound above 67500 may negate bearish sentiments.

ENERGY

CRUDEOIL

Present rebound in the prices may sustain if prices continue to stay above the Bollinger mid-band support at 5110 region. While a dip below the same may induce intraday weakness.

NATURAL GAS

A long liquidation move is likely to progress if prices stay below 312 region. On the other hand, a decisive trades above the same may bid fresh buying on the coming session.

BASE METALS

COPPER

A major prices recovery may be seen only by substantial trades above 742 region. Inability to march past above the same may induce fresh selling In the coming session.

NICKEL

Witnessing buying sentiments likely to uphold in the session to come. In this positive note, a surprise fall which claim below 1467 may dent our buying expectation.

ZINC

Solid trades above the 250.20 could boost prices higher. Failed to mark such trades may eventually squeeze down prices to lower.

LEAD

Prices likely to consolidate within the trading range of 176-177-80. A decisive move which breaks either side of the mentioned region could set off fresh directional move.

ALUMINIUM

Intraday weakness may be seen only below 205.80 region. Which if remain untouched could expect prices to trade higher in the upcoming session.

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