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BULLION

GOLD

Present long liquidation move may not persist unless price claim below 53350 region. Else could anticipate prices to turn higher in the session ahead.

SILVER

Intraday weakness may persist only by decisive trades below 70500 region. Which if remain undisturbed could boost prices higher towards 72800 region.

ENERGY

CRUDEOIL

Weakness may continue in the session ahead towards the downside objective of 9190 or even lower. While recovery trades above 9530 may eventually push prices higher in the later session..

NATURAL GAS

Weakness may continue in the session ahead if prices remain below 358 region. But recouping trades above the same would boost prices further higher in the later session.

BASE METALS

COPPER

Present long liquidation may persist towards the downside objective of 820 or even lower. Even in this intraday bearish sentiments, retreating trades above 850 may boost prices higher.

NICKEL

Broad buying still intact but need to challenge above 3800 to extend broad bullish sentiments. Inability to mark such trades may be sign of fresh long liquidation move to 3150 or even lower.

ZINC

If prices remain below 336 could expect prices to trade lower in the session ahead. Although determined trades above the same may lift prices higher in the later session

LEAD

If prices remain above the downside hurdle of 185 region may retain broad buying towards the upside objective of 192. Although a corrective fall below 185 may squeeze down prices lower.

ALUMINIUM

By breaking the upside hurdle of 289 could boost prices further higher. Which if remain undisturbed could bid fresh long liquidation move in the later session.

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