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BULLION

GOLD

Prices still trapped in the previous days trading range. However, if prices sustain above 51750 may boost up prices higher. Else could anticipate prices to trade lower with mild consolidation.

SILVER

Prices need to sustain above 68900 to initiate further buying. Botched attempt to mark such trades may be a sign of intraday weakness.

ENERGY

CRUDEOIL

A long liquidation move is on cards if prices stay below 8890 region. But solid trades above the aforementioned region may persist broad buying to stretch higher.

NATURAL GAS

By breaking off the downside hurdle of 389 could trigger long liquidation move. Failed to activate such trades may induce fresh buying towards the upside objective of 406.

BASE METALS

COPPER

A corrective fall below 815 may extend intraday weakness. Which if remain untouched may help prices to recoup higher towards the upside region of 829 region.

NICKEL

if prices remain above 2000 region could expect prices to stay higher. Although a corrective dip below the same may grab prices lower.

ZINC

Broad buying still intact and possibly to extend towards the upside objective of 347 or even more. Even in this positive note, a corrective fall which claim below 338 may be a sign of intraday weakness.

LEAD

Prices yet to sustain above the upside hindrance of 183.50 to trigger fresh recovery move in the session ahead. Failed to crack above the same may push prices lower.

ALUMINIUM

If prices remain above the downside hurdle of 292 could expect prices to trade higher in the later session. But a corrective fall below the same may push prices lower.

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