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BULLION

GOLD

Intraday move largely to be northbound and possibly to test 46550 or even more. Even in this positive sentiments, a surprise fall below 46140 may push prices lower.

SILVER

As long as prices stay above the support of 59200 could expect present recovery to persist in the upcoming session. But slippage below the same may bid fresh selling.

ENERGY

CRUDEOIL

Dip below the downside obstacle of 5470 may grab prices lower. Inability to establish such trade may induce fresh buying in the upcoming session.

NATURAL GAS

Broad buying still intact and possibly to find pace in the later session. But there is equal possible chance of a long liquidation move if prices reclaim below the 420 region.

BASE METALS

COPPER

Witnessing recovery move possibly to scale higher. But botched attempt to sustain above 709 may be sign of previous session weakness to continue.

NICKEL

Prices still have room for further weakness if prices remain below the upside hindrance of 1396 region. On the flipside, a direct rise through the above mentioned region could boost prices higher.

ZINC

Early gains can be expected, but need to sustain above the upside obstacle of 254.60 to extend further higher. Else hold the same for further price correction in the upcoming session.

LEAD

Prices yet to challenge above the immediate upside hurdle of 184.20 region. Failed to mark such trade may eventually push down prices lower in the upcoming session.

ALUMINIUM

Present price recovery may further see only by tangible trades above 230.70 region. Which if remain undisturbed may expect intraday corrective move.

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