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BULLION

GOLD

Intraday move largely to be northbound if prices stay above 47720 region and such recovery move possibly to test 48200 or even higher in the later session.

SILVER

Next phase of weakness may be seen only below 60500 region. Else hold the same for prices to gain in the upcoming session towards the upside objective of 61900.

ENERGY

CRUDEOIL

Intraday weakness further see only below 5270 region. Which if remain undisturbed could expect prices to turn higher in the later session.

NATURAL GAS

Present recovery move mostly to find momentum in the upcoming session. Although a corrective downfall below 286 may gradually push prices lower in the lower session.

BASE METALS

COPPER

Prices have been approaching towards the downside hindrance of 718-717 region. Which if breaks could extend weakness in the upcoming session. Else hold the same for prices to rebound higher

NICKEL

Simmering weak sentiments largely to stretch lower in the upcoming session towards 1502 or even lower. On the flipside, a recovery move above 1532 would be a sign of fresh recovery move

ZINC

Witnessing weakness may progress in the session to come as long as prices float below 274.20 region. A vertical rise above the same may dent our bearish sentiments.

LEAD

Intraday move largely to be southbound if prices remain below 185.20 region. Although retreating trades above the same could boost prices higher in the later session.

ALUMINIUM

Weakness may persist towards the Bollinger middle band level of 212.20 or even lower. But recovery trades above 214.50 may boost prices higher

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