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BULLION

GOLD

Intraday price recovery may trigger only by decisive trades above 47960 region. Failed to activate such trades may eventually push prices lower in the upcoming session.

SILVER

Broad bearish sentiments possibly to stretch lower in the upcoming session. However, substantial trades which sustain above 62250 may be seen fresh recovery move in the later session.

ENERGY

CRUDEOIL

Intraday move is expected to be northbound if prices trade above 5060 region. A vertical which fall below the same may be a sign of fresh selling in the upcoming session.

NATURAL GAS

Present long liquidation move likely to extend lower in the upcoming session towards the downside objective of 280 or even lower. But recovery trades above 301 could boost prices higher.

BASE METALS

COPPER

Prices possibly to consolidate within the trading range of 721-732. A major directional move mat set out only by breaking either side of the mentioned region.

NICKEL

Reclaiming trades above the upside hurdle of 1552 could boost prices higher. Else could expect prices to trade lower towards the downside objective of 1518 or even lower.

ZINC

Current feebleness of prices possibly to persist in the upcoming session. Although a direct rise above the 269 would be a sign of fresh recovery move in the later session.

LEAD

As long as prices remain below the upside hurdle of 184.70 could expect furthermore weakness in the counter. But retreating trades above the same may lift prices higher.

ALUMINIUM

Prices possibly to trade higher in the upcoming session towards the upside objective of 214 or even more. Even in this positive note, a corrective fall below 209.30 may be a sign of weakness.

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