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BULLION

GOLD

Solid trades which breach above the upside hurdle 49330 would be a sign of fresh buying in the upcoming session. Failed to close above the same may expect mild consolidation with negative bias.

SILVER

Prices still been trapped in a congestion region. However, in this perplexing situation if prices stay above 66100 could boost prices further higher. But a surprise fall below the same may negate intraday buying,

ENERGY

CRUDEOIL

Reclaiming trades above the upside hindrance of 5810 could trigger fresh recovery move in the later session. Botched effort to win such trades may push prices further lower.

NATURAL GAS

Observing recovery move may find momentum only by promising trades above the 372 region. Which if remain undisturbed may extend previous session weakness.

BASE METALS

COPPER

Consecutive days of selling move may persist in the upcoming session. Even in this bearish sentiments, resurging trades above 721 may be a sign of fresh recovery move in the later session.

NICKEL

Witnessing selling sentiments possibly to strengthen in the upcoming session unless prices claimed above 1503 region. But determined move above the same may lift prices to 1514 region.

ZINC

Intraday price recovery may trigger only by tangible trades above 265 region. Which if remain undisturbed could extend weakness in the later session.

LEAD

Weakness may continue in the upcoming session if prices stay below the 186.80 region. But a reversal move above the same would be a sign of fresh recovery move.

ALUMINIUM

By breaking off the downside hindrance of 203 region could squeeze down prices lower in the later session. Inability to close below the same may push prices higher.

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