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BULLION

GOLD

By breaking off the upside hurdle of 53200 could boost prices higher in the later session. Failed to mark such trades may gradually push prices further lower.

SILVER

Prices possibly to extend weakness if prices remain below 70200 region. But there is equal plausible chance of a price recovery if prices settle above the same .

ENERGY

CRUDEOIL

Intraday weakness may activate only by solid trades below 8340 region. Botched attempt to crack below the same may stretch broad buying to higher levels.

NATURAL GAS

Current recovery move may stretch higher in the session ahead. Even in this positive outlook, a corrective dip which settle below 342 may grab prices lower in the later session.

BASE METALS

COPPER

Present buying sentiments possibly to uphold towards the upside objective of 824 or even higher. Although a surprise fall which claim below 798 may be sign of intraday bearishness

NICKEL

Volatile moves can be seen with positive bias. But a corrective fall below 2700 may be sign of intraday bearish sentiments.

ZINC

As long as prices stay above 318 region could expect further price recovery to 330 region. But a vertical fall which sustain below 318 may be a sign of weakness.

LEAD

Intraday move is expected to be southbound if prices remain below 186.50 region. But retreating trades above the same could push prices higher in the later session.

ALUMINIUM

Since prices broke the upside hurdle of 276 could boost prices further higher. But slippage below the same may induce fresh selling in the upcoming session.

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