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BULLION

GOLD

Next phase of weakness may trigger only by decisive trades below 50500 region. Else could expect prices to rebound higher towards 51080 or even higher.

SILVER

Intraday price recovery may be seen only by decisive trades above 63900 region. Which If remain undisturbed may push prices further lower in the session ahead .

ENERGY

CRUDEOIL

Intraday move is expected to be north bound towards the price objective of 8200 firstly or even higher. But a corrective fall below 7970 may be a sign of intraday weakness.

NATURAL GAS

Broad bullish trend still intact and possibly to continue in the upcoming session. On the flipside, a corrective fall below 592 may be a sign of long liquidation move.

BASE METALS

COPPER

Current feebleness of prices largely to continue towards the downside objective of 756 or even lower. However, a direct rise above 768 may dent intraday weak bias.

NICKEL

Price consolidation possibly to persist within the trading range of 2600- 2350 region. A firm move which breaks either side of the above-mentioned region could set the directional move.

ZINC

Next phase of selling move may trigger only by solid trades below 327 region. Else hold the same for prices to trade higher towards 334 region.

LEAD

Intraday buying may withstand only by tangible trades above 185 region. Inability to mark trades above the same may eventually push prices further lower in the later session.

ALUMINIUM

Current feebleness of prices possibly to extend lower towards the downside objective of 238 region or even lower. Even in this bearish sentiments, recovery trades above 244 would be a sign of fresh recovery move.

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