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BULLION

GOLD

A direct fall below 50880 could trigger fresh selling in the session ahead. Botched attempt to mark such trades could lift prices higher towards 51400.

SILVER

Prices have been nearing towards the downside obstacle of 61700, which if breaks could extend current feebleness of prices. Else hold the same for prices to rebound higher.

ENERGY

CRUDEOIL

Slippage below 8260 may be a sign of long liquidation move in the later session. Which if remain undisturbed may be a sign of fresh buying towards 8500 region.

NATURAL GAS

Prices yet to take off above the upside hindrance of 652 region to continue broad buying sentiments. Botched attempt to mark such trades may bid intraday long liquidation move.

BASE METALS

COPPER

Current bearish sentiments may prolong in the upcoming session if prices remain below 757 region. On the flipside, revisiting trades above the same may push prices higher.

NICKEL

Present long liquidation move may likely to persevere in the upcoming session. A vertical rise above 2470 could boost prices higher.

ZINC

Ensuing selling sentiments possibly to stretch lower in the session ahead. Even in this bearish sentiments rebounding trades which sustain above 321 could boost prices higher.

LEAD

Weakness may largely to persist if prices remain below 184 region. Although a direct rise above the same may eventually push prices higher.

ALUMINIUM

Consecutive days of weakness may continue towards the downside objective of 234.50 or even lower. Even in this bearish sentiments, retreating trades above 238.50 could boost prices higher.

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