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BULLION

GOLD

Fall below 51060 may squeeze down prices lower in today’s session. Inability to close below the same may eventually push prices higher in the session ahead.

SILVER

Further weakness may be seen only below the downside hindrance of 60600 region. Which if remain undisturbed could expect prices to rebound higher.

ENERGY

CRUDEOIL

Present long liquidation move largely to stretch towards the downside objective of 9150 or even lower to 9070 region. A direct rise which sustain above 9340 could boost prices higher.

NATURAL GAS

Intraday recovery may withstand only by tangible trades above 688 region. Which if remain undisturbed could expect weakness to continue towards 662 or even lower.

BASE METALS

COPPER

Present bearish momentum likely to continue towards the downside objective of 755 or even lower in the later session. Although, determined trades which sustain above 768 could boost prices higher.

NICKEL

As long as prices remain below 2340 could expect to continue towards 2235 or even lower. But reclaiming trades above 2340 may lift prices higher.

ZINC

Consecutive days of weakness may extend lower towards the downside objective of 308 firstly or even lower. But a vertical rise which sustain above 317.40 may lift prices higher.

LEAD

Weakness may extend towards the downside objective of 180.20 or even lower to 178.50. A direct rise above 183 may lift prices higher.

ALUMINIUM

Current bearish momentum may stretch lower in the session ahead towards the downside objective of 218 or even lower. But rebounding trades which sustain above 225 could lift prices higher.

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