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BULLION

GOLD

Prices still have room for further gains but its likely to be a gradual move. Although a surprise fall which break below 46940 may squeeze down prices lower.

SILVER

Slippage below the downside obstacle of 61400 would call fresh selling in the upcoming session. Failed attempt to close below the same may lift prices higher.

ENERGY

CRUDEOIL

Intraday weakness may trigger only below 6020 region. Which if remain undisturbed could expect prices to gain momentum towards the upside objective of 6150 or even more.

NATURAL GAS

Recovery trades above immediate hindrance of 411 could boost prices higher. Else could expect previous session long liquidation move to continue.

BASE METALS

COPPER

Early dip can be possible to 733 region for a price rebound towards higher . But In this positive sentiments a surprise fall below 731 may be sign of fresh selling in the coming session.

NICKEL

Determined trades which settle above the upside hindrance of 1507 may bid fresh buying in the upcoming session. But there is equal plausible chance of price weakness if prices failed to do so.

ZINC

Present buying sentiments largely to extend. But revisiting trades below the downside hindrance of 268.40 may be a sign of intraday weakness.

LEAD

Inability to challenge above the upside hindrance level of 183 could expect to prices to trade lower. However, a vertical rise above the same may bid fresh recovery move.

ALUMINIUM

Established buying possibly to persist if prices stay above the downside hurdle of 242.60 region. Even in this positive sentiments, a surprise fall below the same may induce fresh selling.

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